John Orta - 31 Jan 2022 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Feb 2022, 16:58:07 UTC
Prior SEC filing
10 Jan 2022
Next SEC filing
10 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person

Key filing fact

John Orta filed Form 4 for Nextdoor Holdings, Inc. (KIND) on 01 Feb 2022.

Key facts

  • This page summarizes John Orta's Form 4 filing for Nextdoor Holdings, Inc. (KIND).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 01 Feb 2022, 16:58.

Change

  • Previous filing in this sequence was filed on 10 Jan 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KIND transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$0
Shares
+53,428
Change %
+12%
Price
$0.000000
Shares after
512,749
Date
31 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
53,428
Exercise price
Footnotes
F1, F2
KIND transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-53,428
Change %
-19%
Price
$0.000000
Shares after
222,803
Date
31 Jan 2022
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
53,428
Exercise price
$1.18
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each share of the Issuer's Class B Common Stock is convertible into one share of Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers.

Footnote F2

A holder's shares of the Issuer's Class B Common Stock convert automatically upon certain transfers. Additionally, all of the Issuer's Class B Common Stock will convert automatically into Class A Common Stock on a one-for-one basis upon the earlier of: (i) November 5, 2031; or (ii) the date specified by the affirmative vote of the holders of two-thirds of the Class B Common Stock then outstanding.

Footnote F3

The award vests as to 1/48 of the total award monthly on the sixth (6th), subject to the reporting person's continued service to the Issuer on each vesting date.

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