Matthew S. Anderson - Nov 9, 2023 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role
CFO and Treasurer
Signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
Stock symbol
KIND
Transactions as of
Nov 9, 2023
Transactions value $
$0
Form type
4
Date filed
11/14/2023, 04:05 PM
Previous filing
Nov 14, 2023
Next filing
Apr 17, 2024

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 KIND Restricted Stock Units (RSU) Award $0 +215K $0.00 215K Nov 9, 2023 Class A Common Stock 215K Direct F1, F2, F3
transaction KIND Stock Option (Right to Buy) Award $0 +342K $0.00 342K Nov 9, 2023 Class A Common Stock 342K $1.44 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The RSU award vests in nine equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, beginning on January 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F4 The stock option award vests in equal monthly installments over twenty-six months, beginning on December 7, 2023, subject to the reporting person's continued service to the Issuer on each vesting date.