Sophia Schwartz - Jul 15, 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
Stock symbol
KIND
Transactions as of
Jul 15, 2024
Transactions value $
-$97,298
Form type
4
Date filed
7/17/2024, 04:00 PM
Previous filing
Jul 8, 2024
Next filing
Aug 19, 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 +79.4K +39.08% $0.00 282K Jul 15, 2024 Direct
transaction KIND Class A Common Stock Tax liability -$77.9K -27.4K -9.72% $2.84 255K Jul 15, 2024 Direct
transaction KIND Class A Common Stock Options Exercise $0 +19.7K +7.73% $0.00 275K Jul 15, 2024 Direct
transaction KIND Class A Common Stock Tax liability -$19.4K -6.82K -2.48% $2.84 268K Jul 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 -19.7K -12.5% $0.00 138K Jul 15, 2024 Class A Common Stock 19.7K Direct F1, F2, F3
transaction KIND Restricted Stock Units (RSU) Options Exercise $0 -79.4K -33.33% $0.00 159K Jul 15, 2024 Class A Common Stock 79.4K 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.