Kelly Gillease - Dec 30, 2021 Form 4 Insider Report for NERDWALLET, INC. (NRDS)

Role
Chief Marketing Officer
Signature
/s/ Kathy Lee, Attorney-In-Fact for Kelly Gillease
Stock symbol
NRDS
Transactions as of
Dec 30, 2021
Transactions value $
$298,746
Form type
4
Date filed
1/4/2022, 08:17 PM
Previous filing
Dec 6, 2021
Next filing
Jan 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRDS Class A Common Stock Options Exercise $98.8K +7.05K +7.44% $14.00 102K Dec 30, 2021 Direct
transaction NRDS Class A Common Stock Options Exercise $100K +13.5K +13.24% $7.42 115K Dec 30, 2021 Direct
transaction NRDS Class A Common Stock Options Exercise $100K +9.8K +8.5% $10.20 125K Dec 30, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NRDS Employee Stock Options (right to buy) Options Exercise $0 -7.05K -16.67% $0.00 35.3K Dec 30, 2021 Class A Common Stock 7.05K $14.00 Direct F1
transaction NRDS Employee Stock Options (right to buy) Options Exercise $0 -13.5K -4.81% $0.00 267K Dec 30, 2021 Class A Common Stock 13.5K $7.42 Direct F2
transaction NRDS Employee Stock Options (right to buy) Options Exercise $0 -9.8K -19.61% $0.00 40.2K Dec 30, 2021 Class A Common Stock 9.8K $10.20 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/48th of the shares subject to the option vest on each monthly anniversary measured from 4/1/21 the Vesting Commencement Date ("VCD"), such that 100% of the Shares subject to the option will be fully vested on the fourth anniversary of the VCD.
F2 25% of the shares subject to the option vest on the first anniversary measured from 8/20/18 the Vesting Commencement Date ("VCD") and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the VCD.
F3 1/48th of the shares subject to the option vest on each monthly anniversary measured from 9/1/19 the Vesting Commencement Date ("VCD"), such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the VCD.