Matthew S. Anderson - Jul 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
Jul 15, 2024
Transactions value $
-$174,518
Form type
4
Date filed
7/17/2024, 04:01 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 +154K +62.02% $0.00 402K Jul 15, 2024 Direct
transaction KIND Class A Common Stock Tax liability -$151K -53.2K -13.24% $2.84 349K Jul 15, 2024 Direct
transaction KIND Class A Common Stock Options Exercise $0 +23.9K +6.86% $0.00 372K Jul 15, 2024 Direct
transaction KIND Class A Common Stock Tax liability -$23.5K -8.27K -2.22% $2.84 364K 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 -154K -33.33% $0.00 308K Jul 15, 2024 Class A Common Stock 154K Direct F1, F2, F3
transaction KIND Restricted Stock Units (RSU) Options Exercise $0 -23.9K -14.29% $0.00 144K Jul 15, 2024 Class A Common Stock 23.9K 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 four equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 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 nine equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on January 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.