Christopher Varelas - Jul 26, 2024 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role: Director
Signature: /s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
Stock symbol: KIND
Transactions as of: Jul 26, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/30/2024, 05:02 PM
Previous filing: Jun 5, 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	+68.6K		$0.00	68.6K	Jul 26, 2024	Class A Common Stock	68.6K		Direct	F1, F2, 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 on the earliest of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 18, 2025, in each case, subject to the reporting person's continued service to the Issuer through each such date.
F3	These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F4	These securities are held by Mr. Varelas for the benefit of one or more entities affiliated with Riverwood Capital GP II Ltd. (collectively, "Riverwood"). Mr. Varelas is obligated to transfer the underlying shares upon exercise and settlement of the stock options or any proceeds from the sale thereof as directed by Riverwood. Mr. Varelas disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities by Mr. Varelas for purposes of Section 16 or any other purposes.