4//SEC Filing
Sjouwerman Sjoerd 4
Accession 0001664998-22-000017
CIK 0001664998other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:19 PM ET
Size
8.1 KB
Accession
0001664998-22-000017
Insider Transaction Report
Form 4
KnowBe4, Inc.KNBE
Sjouwerman Sjoerd
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
2022-02-22+125,000→ 375,011 total - Award
Class A Common Stock
2022-02-22+208,226→ 583,237 total
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") earned by the Reporting Person in connection with the achievement of performance conditions for the period ended December 31, 2021 that were granted on April 8, 2021. Each RSU represents a contingent right to receive one share of KnowBe4, Inc.'s (the "Issuer") Class A common stock ("Class A Common Stock"). On February 22, 2022, the Issuer's Compensation Committee determined the applicable performance conditions had been achieved. As a result, subject to the Reporting Person's continuing as a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each such date, one-third (1/3) of the RSUs shall vest on May 15, 2022 (the "First Vesting Date"), and one-twelfth (1/12) of the RSUs shall vest each quarter on each Quarterly Vesting Date after the First Vesting Date. "Quarterly Vesting Date" shall mean the first trading day on or after each of August 15, November 15, February 15 and May 15.
- [F2]The Reporting Person has reported prior awards of RSUs in Table II of Form 4. This total reported in Column 5 includes 250,000 previously reported 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]These securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Subject to the Reporting Person's continuing as a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each such date, one-third (1/3) of the RSUs shall vest on May 15, 2023 (the "First Vesting Date"), and one-twelfth (1/12) of the RSUs shall vest each quarter on each Quarterly Vesting Date after the First Vesting Date. "Quarterly Vesting Date" shall mean the first trading day on or after each of August 15, November 15, February 15 and May 15.
Documents
Issuer
KnowBe4, Inc.
CIK 0001664998
Entity typeother
Related Parties
1- filerCIK 0001839366
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 4:19 PM ET
- Size
- 8.1 KB