Matthew S. Anderson - 09 Nov 2023 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
Issuer symbol
KIND
Transactions as of
09 Nov 2023
Net transactions value
$0
Form type
4
Filing time
14 Nov 2023, 16:05:08 UTC
Previous filing
14 Nov 2023
Next filing
17 Apr 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 +215,272 $0.000000 215,272 09 Nov 2023 Class A Common Stock 215,272 Direct F1, F2, F3
transaction KIND Stock Option (Right to Buy) Award $0 +341,702 $0.000000 341,702 09 Nov 2023 Class A Common Stock 341,702 $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.