Elephant Partners GP I, LLC's Form 4 filing
KnowBe4, Inc. (KNBE) · filed Nov 17, 2021
- Accession no.
- 0000899243-21-045092
- Filed
- Nov 17, 2021, 5:30 PM ET
- Trade date
- Nov 15, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $122.8M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Elephant Partners GP I, LLCCIK 0001655249 | 10% Owner |
| Elephant Partners I, LPCIK 0001655267 | 10% Owner |
| Elephant Partners II, L.P.CIK 0001733916 | 10% Owner |
| Elephant Partners II-B, L.P.CIK 0001733917 | 10% Owner |
| Elephant Partners 2019 SPV-A, L.P.CIK 0001779116 | 10% Owner |
| Elephant Partners GP II, LLCCIK 0001847020 | 10% Owner |
| Hunt AndrewCIK 0001858296 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 15, 2021 | Class A Common Stock | CConversionAcquired | +4,966,691 | $0.00F1 | $0 | 4,966,691 | Indirect | Duplicate filing |
| Nov 15, 2021 | Class A Common Stock | SSaleDisposed | −4,966,691 | $24.72F4 | −$122,776,601.52 | 0 | Indirect | Duplicate filing |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 15, 2021 | Class A Common Stock | CConversionDisposed | −4,966,691 | $0.00F1 | $0 | 37,069,823 | Indirect | Duplicate filing |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F4
Pursuant to an underwriting agreement and in connection with a registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated November 10, 2021, which offering was consummated on November 15, 2021, the Elephant Entities collectively sold 4,966,691 shares of Class A Common Stock, at a price per share of $24.72 (after underwriting discounts and commissions). Each of the Elephant Entities was a selling stockholder in the registered public offering.
Referenced by the price of 1 transaction in Table I.