Filing Details
- Accession Number:
- 0001664998-21-000042
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-04-27 22:00:03
- Reporting Period:
- 2021-04-26
- Accepted Time:
- 2021-04-27 22:00:03
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1664998 | Knowbe4 Inc. | KNBE | Services-Computer Programming, Data Processing, Etc. (7370) | 273205919 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1843231 | Lars Letonoff | C/O Knowbe4, Inc. 33 N. Garden Avenue Clearwater FL 33755 | See Remarks | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2021-04-26 | 117,167 | $0.00 | 0 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2021-04-26 | 53,894 | $0.00 | 252,825 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-04-26 | 252,825 | $16.00 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2021-04-26 | 395,895 | $0.00 | 395,895 | $0.67 |
| Class B Common Stock | Stock Option (right to buy) | Acquisiton | 2021-04-26 | 395,895 | $0.00 | 395,895 | $0.67 |
| Common Stock | Stock Option (right to buy) | Disposition | 2021-04-26 | 368,498 | $0.00 | 368,498 | $1.30 |
| Class B Common Stock | Stock Option (right to buy) | Acquisiton | 2021-04-26 | 368,498 | $0.00 | 368,498 | $1.30 |
| Common Stock | Stock Option (right to buy) | Disposition | 2021-04-26 | 348,360 | $0.00 | 348,360 | $4.97 |
| Class B Common Stock | Stock Option (right to buy) | Acquisiton | 2021-04-26 | 348,360 | $0.00 | 348,360 | $4.97 |
| Common Stock | Stock Option (right to buy) | Disposition | 2021-04-26 | 94,440 | $0.00 | 94,440 | $5.85 |
| Class B Common Stock | Stock Option (right to buy) | Acquisiton | 2021-04-26 | 94,440 | $0.00 | 94,440 | $5.85 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-04-26 | 117,167 | $0.00 | 117,167 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-04-26 | 53,894 | $0.00 | 53,894 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2027-05-01 | No | 4 | J | Direct | |
| 395,895 | 2027-05-01 | No | 4 | J | Direct | |
| 0 | 2027-11-03 | No | 4 | J | Direct | |
| 368,498 | 2027-11-03 | No | 4 | J | Direct | |
| 0 | 2030-02-26 | No | 4 | J | Direct | |
| 348,360 | 2030-02-26 | No | 4 | J | Direct | |
| 0 | 2030-10-27 | No | 4 | J | Direct | |
| 94,440 | 2030-10-27 | No | 4 | J | Direct | |
| 117,167 | No | 4 | J | Direct | ||
| 63,273 | No | 4 | C | Direct |
Footnotes
- Pursuant to a reclassification exempt under Rule 16b-7 (the "Reclassification"), each share of the Issuer's common stock, par value $0.00001 (the "Common Stock"), was automatically reclassified into one share of the Issuer's Class B Common Stock, par value $0.00001 per share (the "Class B Common Stock"), immediately prior to the closing of the IPO of the Issuer's Class A Common Stock, par value $0.00001 per share (the "Class A Common Stock"). Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of 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.
- Effective upon the occurrence of the Reclassification, all stock options outstanding under the Issuer's 2016 Equity Incentive Plan (the "2016 Plan") cover shares of Class B Common Stock.
- Option granted under the 2016 Plan. Twenty-five percent (25%) of the shares subject to the option vested on May 1, 2018, and, thereafter, the remaining number of shares subject to the option shall vest in equal monthly installments over the following thirty-six (36) months.
- Option granted under the 2016 Plan. Twenty-five percent (25%) of the shares subject to the option vested on November 3, 2018, and, thereafter, the remaining number of shares subject to the option shall vest in equal monthly installments over the following thirty-six (36) months.
- Option granted under the 2016 Plan. Twenty-five percent (25%) of the shares subject to the option vested on February 26, 2021, and, thereafter, the remaining number of shares subject to the option shall in equal monthly installments over following thirty-six (36) months.
- Option granted under the 2016 Plan. Twenty-five percent (25%) of the shares subject to the option shall vest on October 27, 2021, and, thereafter, the remaining number of shares subject to the option shall vest in equal monthly installments over the following thirty-six (36) months.
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