Greylock 16 GP LLC - 19 Aug 2022 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role
Member of 10% owner group
Signature
/s/ Donald A. Sullivan, as Administrative Partner of Greylock 16 GP LLC
Issuer symbol
KIND
Transactions as of
19 Aug 2022
Net transactions value
+$2,534,368
Form type
4
Filing time
23 Aug 2022, 17:07:23 UTC
Previous filing
19 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KIND Class A Common Stock Purchase $2,280,932 +688,500 +6.7% $3.31 10,917,514 19 Aug 2022 By Greylock 16 Limited Partnership F1, F2, F3
transaction KIND Class A Common Stock Purchase $81,100 +24,480 +6.7% $3.31 388,179 19 Aug 2022 By Greylock 16-A Limited Partnership F1, F2, F3
transaction KIND Class A Common Stock Purchase $172,337 +52,020 +6.7% $3.31 824,879 19 Aug 2022 By Greylock 16 Principals Limited Partnership F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.24 to $3.39 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Reflects the corrected amount of securities beneficially owned following the previously reported transactions on August 16, 2022 by Greylock 16-A Limited Partnership ("Greylock 16-A") and August 18, 2022 by Greylock 16 Limited Partnership ("Greylock 16") and taking into account all applicable transactions to date.
F3 Greylock 16 GP LLC ("Greylock 16 GP") is the sole general partner of each of Greylock 16, Greylock 16-A and Greylock 16 Principals Limited Partnership ("Greylock 16 Principals") and may be deemed to share voting and dispositive voting power with respect to the shares held by Greylock 16, Greylock 16-A and Greylock 16 Principals. Greylock 16 GP disclaims beneficial ownership of the securities held by Greylock 16, Greylock 16-A and Greylock 16 Principals except to the extent of any pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission by Greylock 16 GP of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.