Sophia Schwartz - 15 Feb 2025 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 Feb 2025
Net transactions value
-$6,795
Form type
4
Filing time
19 Feb 2025, 16:02:39 UTC
Previous filing
17 Jan 2025
Next filing
11 Mar 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 +6,904 +2.5% $0.000000 284,916 15 Feb 2025 Direct F1
transaction KIND Class A Common Stock Tax liability $6,795 -2,471 -0.87% $2.75 282,445 15 Feb 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 -6,904 -100% $0.000000 0 15 Feb 2025 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 February 14, 2025 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.