Sophia Schwartz - 15 Jul 2024 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role
General Counsel and Secretary
Signature
/s/ Noah Johnson, as Attorney-in-Fact for Reporting Person
Issuer symbol
KIND
Transactions as of
15 Jul 2024
Net transactions value
-$97,298
Form type
4
Filing time
17 Jul 2024, 16:00:47 UTC
Previous filing
08 Jul 2024
Next filing
19 Aug 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 +79,365 +39% $0.000000 282,450 15 Jul 2024 Direct
transaction KIND Class A Common Stock Tax liability $77,944 -27,445 -9.7% $2.84 255,005 15 Jul 2024 Direct
transaction KIND Class A Common Stock Options Exercise $0 +19,706 +7.7% $0.000000 274,711 15 Jul 2024 Direct
transaction KIND Class A Common Stock Tax liability $19,355 -6,815 -2.5% $2.84 267,896 15 Jul 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 -19,706 -12% $0.000000 137,948 15 Jul 2024 Class A Common Stock 19,706 Direct F1, F2, F3
transaction KIND Restricted Stock Units (RSU) Options Exercise $0 -79,365 -33% $0.000000 158,730 15 Jul 2024 Class A Common Stock 79,365 Direct F1, F3, 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 eight equal quarterly installments 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.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F4 The RSU award vests in three equal quarterly installments 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.