Andrea M. Wishom - 05 Nov 2021 Form 4/A - Amendment Insider Report for Nextdoor Holdings, Inc. (KIND)

Source evidence Original filing metadata and source links for verification. 6 source fields
SEC form
4/A - Amendment
Accepted by SEC
10 Jan 2022, 15:31:22 UTC
Original report date
09 Nov 2021
Prior SEC filing
02 Jun 2021
Next SEC filing
01 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Andrea Wishom

Key filing fact

Andrea M. Wishom filed Form 4/A - Amendment for Nextdoor Holdings, Inc. (KIND) on 10 Jan 2022.

Key facts

  • This page summarizes Andrea M. Wishom's Form 4/A - Amendment filing for Nextdoor Holdings, Inc. (KIND).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 10 Jan 2022, 15:31.

Change

  • Previous filing in this sequence was filed on 02 Jun 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KIND transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+229,820
Change %
Price
Shares after
229,820
Date
05 Nov 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
229,820
Exercise price
$2.41
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents shares of Class B Common Stock received pursuant to a business combination (the "Business Combination") which was effectuated in accordance with the terms of an Agreement and Plan of Merger dated as of July 6, 2021, entered into by and among: (i) Khosla Ventures Acquisition Co. II (the "Issuer"), a Delaware corporation; (ii) Lorelei Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of the Issuer; and (iii) Nextdoor, Inc. ("Original Nextdoor"), a Delaware corporation. As a result of the Business Combination, Original Nextdoor became a wholly-owned subsidiary of the Issuer and the Issuer was renamed "Nextdoor Holdings, Inc." Upon completion of the Business Combination, the reporting person's shares of the capital stock of Original Nextdoor were exchanged for shares of Class B Common Stock of the Issuer based on an exchange ratio of 3.1057 to 1.

Footnote F2

62,245 of the options vest on the transaction date. The remainder will vest as to 1/48 of the total award monthly on the 29th, subject to the reporting person's continued service to the Issuer on each vesting date.

SEC remarks

This Form 4 is being amended to correct the total number of stock options that vested on the transaction date, as described on Footnote 2, above.

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