Matthew S. Anderson - 15 May 2024 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
Issuer symbol
KIND
Transactions as of
15 May 2024
Net transactions value
-$8,023
Form type
4
Filing time
17 May 2024, 16:02:45 UTC
Previous filing
12 Dec 2023
Next filing
08 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KIND Class A Common Stock Options Exercise $0 +9,667 +4% $0.000000 251,279 15 May 2024 Direct
transaction KIND Class A Common Stock Tax liability $8,023 -3,343 -1.3% $2.40 247,936 15 May 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
transaction KIND Restricted Stock Units (RSU) Options Exercise $0 -9,667 -25% $0.000000 28,999 15 May 2024 Class A Common Stock 9,667 Direct F1, F2, F3
* 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 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.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.