David L. Sze - Aug 19, 2022 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role
Director
Signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
Stock symbol
KIND
Transactions as of
Aug 19, 2022
Transactions value $
$2,534,369
Form type
4
Date filed
8/23/2022, 04:20 PM
Previous filing
Aug 19, 2022
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KIND Class A Common Stock Purchase $2.28M +689K +6.73% $3.31 10.9M Aug 19, 2022 See footnotes F1, F2, F3
transaction KIND Class A Common Stock Purchase $81.1K +24.5K +6.73% $3.31 388K Aug 19, 2022 See footnotes F1, F3, F4
transaction KIND Class A Common Stock Purchase $172K +52K +6.73% $3.31 825K Aug 19, 2022 See footnotes F1, F3, F5

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 Stock Option (Right to Buy) Award $0 +24.6K $0.00 24.6K Aug 19, 2022 Class A Common Stock 24.6K $3.34 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.24 to $3.39, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Shares directly held by Greylock 16 Limited Partnership.
F3 Greylock 16 GP LLC ("Greylock 16 GP") is the general partner of each of Greylock 16 Limited Partnership ("Greylock 16"), Greylock 16-A Limited Partnership ("Greylock 16-A") and Greylock 16 Principals Limited Partnership ("Greylock 16 Principals") and may be deemed to share voting and dispositive voting power with respect to the shares held by Greylock 16, Greylock 16-A and Greylock 16 Principals. The reporting person is one of the managing members of Greylock 16 GP LLC, and may be deemed to share voting and dispositive power with respect to the shares held directly by Greylock 16, Greylock 16-A and Greylock 16 Principals. The reporting person disclaims beneficial ownership of the securities held by Greylock 16, Greylock 16-A and Greylock 16 Principals except to the extent of his pecuniary interest therein.
F4 Shares directly held by Greylock 16-A Limited Partnership.
F5 Shares directly held by Greylock 16 Principals Limited Partnership.
F6 The stock option vests as to 1/12 of the total award on each monthly anniversary following June 16, 2022, subject to the reporting person's continued service to the Company on each applicable vesting date.