Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KIND | Stock Options (Right to buy) | Award | $0 | +23.5K | $0.00 | 23.5K | Aug 1, 2023 | Class A Common Stock | 23.5K | $3.10 | Direct | F1 | |
transaction | KIND | Stock Options (Right to buy) | Award | $0 | +58.6K | $0.00 | 58.6K | Aug 1, 2023 | Class A Common Stock | 58.6K | $3.10 | Direct | F2 | |
transaction | KIND | Stock Option (Right to Buy) | Options Exercise | $0 | -1.5M | -64.99% | $0.00 | 808K | Jul 28, 2023 | Class B Common Stock | 1.5M | $2.41 | Direct | F3 |
transaction | KIND | Class B Common Stock | Options Exercise | $0 | +1.5M | +12.85% | $0.00 | 13.2M | Jul 28, 2023 | Class A Common Stock | 1.5M | Direct | F4, F5, F6 | |
holding | KIND | Class B Common Stock | 1.75M | Jul 28, 2023 | Class A Common Stock | 1.75M | Sarah Friar 2019 NXTDR Grantor Retained Annuity Trust dated November 20, 2019 | F5, F6 |
Id | Content |
---|---|
F1 | The award vests in full on September 1, 2024, subject to the reporting person's continued service to the Issuer on each vesting date. |
F2 | The award vests in full on September 1, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. |
F3 | The award vested in full upon the closing of the business combination which was effectuated in accordance with the terms of an Agreement and Plan of Merger dated as of July 6, 2021, entered into by and among: (i) Khosla Ventures Acquisition Co. II (the "Issuer"), a Delaware corporation; (ii) Lorelei Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of the Issuer; and (iii) Nextdoor, Inc., a Delaware corporation. |
F4 | 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. |
F5 | 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. |
F6 | The reported totals reflect the number of shares of Class B Common Stock owned after giving effect to a transfer previously made by the reporting person in a transaction exempt from reporting pursuant to Rule 16a-13. |