Sophia Schwartz - 15 Aug 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 Aug 2024
Net transactions value
-$6,782
Form type
4
Filing time
19 Aug 2024, 16:02:11 UTC
Previous filing
17 Jul 2024
Next filing
09 Sep 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 +6,904 +2.6% $0.000000 277,300 15 Aug 2024 Direct F1
transaction KIND Class A Common Stock Tax liability $6,782 -2,388 -0.86% $2.84 274,912 15 Aug 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 -6,904 -33% $0.000000 13,809 15 Aug 2024 Class A Common Stock 6,904 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on August 14, 2024 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 The RSU award vests in equal quarterly installments over one year on February 15, May 15, August 15 and November 15, with the first such vesting event on May 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
F4 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.