Skip to main content

Sjouwerman Sjoerd's Form 4 filing

KnowBe4, Inc. (KNBE) · filed Aug 25, 2021

Accession no.
0001664998-21-000080
Filed
Aug 25, 2021
Trade date
Aug 23-24, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $670.1K. 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.

Reporting owners on this filing
OwnerRelationship to the company
Sjouwerman SjoerdCIK 0001839366Director, Officer (Chief Executive Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 23, 2021Class A Common StockCConversionAcquired+18,207$0.00F1$018,207Indirect
Aug 23, 2021Class A Common StockSSaleDisposed−18,207$22.19−$404,013.330Indirect
Aug 24, 2021Class A Common StockCConversionAcquired+11,793$0.00F1$011,793Indirect
Aug 24, 2021Class A Common StockSSaleDisposed−11,693$22.56F4−$263,794.08100Indirect
Aug 24, 2021Class A Common StockSSaleDisposed−100$23.06−$2,3060Indirect

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 23, 2021Class A Common StockCConversionDisposed−18,207$0.00$04,420,035Indirect
Aug 24, 2021Class A Common StockCConversionDisposed−11,793$0.00$04,408,242Indirect

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 2 transactions in Table I.

F4

Represents the weighted average share price of an aggregate total of 11,693 shares sold in the price range of $22.03 to $23.02 by the Sjouwerman Enterprises Limited Partnership, or SELP. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)