Sophia Schwartz - 15 Apr 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 Apr 2025
Net transactions value
-$58,581
Form type
4
Filing time
17 Apr 2025, 16:03:12 UTC
Previous filing
11 Mar 2025
Next filing
17 Jul 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 +19,707 +7.4% $0.000000 287,152 15 Apr 2025 Direct
transaction KIND Class A Common Stock Tax liability $10,366 -7,052 -2.5% $1.47 280,100 15 Apr 2025 Direct
transaction KIND Class A Common Stock Options Exercise $0 +91,666 +33% $0.000000 371,766 15 Apr 2025 Direct
transaction KIND Class A Common Stock Tax liability $48,215 -32,799 -8.8% $1.47 338,967 15 Apr 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 -19,707 -20% $0.000000 78,827 15 Apr 2025 Class A Common Stock 19,707 Direct F1, F2, F3
transaction KIND Restricted Stock Units (RSU) Options Exercise $0 -91,666 -12% $0.000000 641,667 15 Apr 2025 Class A Common Stock 91,666 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 eight equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on July 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 eight 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, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.