Niraj Shah - 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, 05:03 PM
Previous filing
Jul 9, 2024
Next filing
Nov 22, 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 +122K $0.00 122K Jul 26, 2024 Class A Common Stock 122K Direct F1, F2, F3
transaction KIND Restricted Stock Units (RSU) Award $0 +9.02K $0.00 9.02K Jul 26, 2024 Class A Common Stock 9.02K 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 with respect to 1/2 of the shares subject to the RSU award on May 1, 2025 and with respect to the remaining 1/2 of the shares subject to the RSU award on May 1, 2026, 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 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.