Sophia Schwartz - May 7, 2024 Form 3 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role
General Counsel and Secretary
Signature
/s/ Noah Johnson, as Attorney-in-Fact for Reporting Person
Stock symbol
KIND
Transactions as of
May 7, 2024
Transactions value $
$0
Form type
3
Date filed
5/17/2024, 04:00 PM
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KIND Class A Common Stock 199K May 7, 2024 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
holding KIND Stock Option (Right to Buy) May 7, 2024 Class B Common Stock 173 $1.49 Direct F1
holding KIND Stock Option (Right to Buy) May 7, 2024 Class B Common Stock 36.1K $2.37 Direct F1
holding KIND Stock Option (Right to Buy) May 7, 2024 Class B Common Stock 77.2K $2.41 Direct F1
holding KIND Stock Option (Right to Buy) May 7, 2024 Class A Common Stock 74K $2.79 Direct F2
holding KIND Restricted Stock Units (RSU) May 7, 2024 Class A Common Stock 27.6K Direct F3, F4, F5
holding KIND Restricted Stock Units (RSU) May 7, 2024 Class A Common Stock 158K Direct F4, F5, F6
holding KIND Restricted Stock Units (RSU) May 7, 2024 Class A Common Stock 238K Direct F4, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option award is fully vested and exercisable.
F2 The option vests over twelve months, with 1/12 of the shares vesting on October 1, 2024 and the remaining shares vesting as to 1/12 of the award monthly thereafter, subject to the reporting person's continued service to the Issuer on each vesting date.
F3 The RSU award vests in equal quarterly installments over one year on February 15, May 15, August 15 and November 15, with the first such vesting event on May 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
F4 RSUs do not expire; these securities either vest and settle or are canceled prior to the vesting date.
F5 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration.
F6 The RSU award vests in equal quarterly installments over two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on July 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
F7 The RSU award vests in three equal installments on July 15, 2024, October 15, 2024 and January 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.