Matthew S. Anderson - 15 Jan 2025 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
Issuer symbol
KIND
Transactions as of
15 Jan 2025
Net transactions value
-$158,976
Form type
4
Filing time
17 Jan 2025, 16:04:38 UTC
Previous filing
19 Nov 2024
Next filing
19 Feb 2025
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 +23,919 +5.1% $0.000000 491,397 15 Jan 2025 Direct
transaction KIND Class A Common Stock Tax liability $23,802 -9,755 -2% $2.44 481,642 15 Jan 2025 Direct
transaction KIND Class A Common Stock Options Exercise $0 +153,781 +32% $0.000000 635,423 15 Jan 2025 Direct
transaction KIND Class A Common Stock Tax liability $135,174 -55,399 -8.7% $2.44 580,024 15 Jan 2025 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 -23,919 -20% $0.000000 95,677 15 Jan 2025 Class A Common Stock 23,919 Direct F1, F2, F3
transaction KIND Restricted Stock Units (RSU) Options Exercise $0 -153,781 -100% $0.000000 0 15 Jan 2025 Class A Common Stock 153,781 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 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.
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 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.