Christopher Varelas - 10 Jun 2025 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role: Director
Signature: /s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
Issuer symbol: KIND
Transactions as of: 10 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 12 Jun 2025, 16:34:42 UTC
Previous filing: 30 Jul 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Varelas Christopher	Director	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO	/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person	12 Jun 2025	0001550465

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KIND	Class A Common Stock	Options Exercise	$0	+68,627		$0.000000	68,627	10 Jun 2025	Direct	F1

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	-68,627	-100%	$0.000000	0	10 Jun 2025	Class A Common Stock	68,627		Direct	F1, F2, F3, F4
transaction	KIND	Restricted Stock Units (RSU)	Award	$0	+106,707		$0.000000	106,707	10 Jun 2025	Class A Common Stock	106,707		Direct	F1, F2, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are held by Mr. Varelas for the benefit of one or more entities affiliated with Riverwood Capital GP II Ltd. (collectively, "Riverwood"). Mr. Varelas is obligated to transfer such securities (or, in the case of an equity award, the shares underlying such award) or any proceeds from the sale thereof as directed by Riverwood. Mr. Varelas disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities by Mr. Varelas for purposes of Section 16 or any other purposes.
F2	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3	The entire RSU award vested or vests on the earlier of the (a) date of the 2025 annual meeting of the Issuer's stockholders or (b) June 18, 2025, in each case subject to the reporting person's continued service to Issuer through the applicable vesting date.
F4	These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F5	The RSU award will vest on the earlier of (a) the date of the 2026 annual meeting of the Issuer's stockholders and (b) June 10, 2026, in each case, subject to the reporting person's continued service to the Issuer through the applicable vesting date.