Lars Letonoff - 19 Sep 2022 Form 4 Insider Report for KnowBe4, Inc. (KNBE)

Role
Officer
Signature
/s/ Kristen Wiggins, as Attorney-in-Fact
Issuer symbol
KNBE
Transactions as of
19 Sep 2022
Transactions value $
-$4,337,065
Form type
4
Filing time
21 Sep 2022, 21:07:53 UTC
Previous filing
30 Aug 2022
Next filing
18 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNBE Class A Common Stock Conversion of derivative security $0 +199K +91.91% $0.00 415K 19 Sep 2022 Direct F1, F2
transaction KNBE Class A Common Stock Sale -$4.34M -199K -47.89% $21.83 216K 19 Sep 2022 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KNBE Class B Common Stock Conversion of derivative security $0 -199K -36.51% $0.00 346K 19 Sep 2022 Class A Common Stock 199K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Class B Common Stock, par value $0.00001 per share (the "Class B Common Stock") is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock, par value $0.00001 per share (the "Class A Common Stock"). Additionally, each share of Class B Common Stock will, subject to certain conditions and exceptions, convert automatically into one share of Class A Common Stock upon any transfer.
F2 Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 The sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on May 26, 2022.