Matthew S. Anderson - May 15, 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
Stock symbol
KIND
Transactions as of
May 15, 2024
Transactions value $
-$8,023
Form type
4
Date filed
5/17/2024, 04:02 PM
Previous filing
Dec 12, 2023
Next filing
Jul 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KIND Class A Common Stock Options Exercise $0 +9.67K +4% $0.00 251K May 15, 2024 Direct
transaction KIND Class A Common Stock Tax liability -$8.02K -3.34K -1.33% $2.40 248K May 15, 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 -9.67K -25% $0.00 29K May 15, 2024 Class A Common Stock 9.67K 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.