Matthew S. Anderson - 04 Jul 2024 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
04 Jul 2024
Net transactions value
$0
Form type
4
Filing time
08 Jul 2024, 19:29:40 UTC
Previous filing
17 May 2024
Next filing
17 Jul 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 +952,381 $0.000000 952,381 04 Jul 2024 Class A Common Stock 952,381 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 two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
F3 The RSUs do not expire; they either vest and settle or are canceled prior to the vesting date.