John Orta - Mar 2, 2023 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role
Head of Legal and Secretary
Signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
Stock symbol
KIND
Transactions as of
Mar 2, 2023
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 06:02 PM
Previous filing
Feb 21, 2023
Next filing
Apr 5, 2023

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) Award $0 +41.3K $0.00 41.3K Mar 2, 2023 Class A Common Stock 41.3K Direct F1, F2, F3
transaction KIND Restricted Stock Units (RSU) Award $0 +103K $0.00 103K Mar 2, 2023 Class A Common Stock 103K Direct F1, F3, F4
transaction KIND Stock Options (Right to buy) Award $0 +17.8K $0.00 17.8K Mar 2, 2023 Class A Common Stock 17.8K $1.91 Direct F5
transaction KIND Stock Options (Right to buy) Award $0 +44.5K $0.00 44.5K Mar 2, 2023 Class A Common Stock 44.5K $1.91 Direct F6
* 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 four equal quarterly installments on each of: (i) April 15, 2024; (ii) July 15, 2024; (iii) October 15, 2024; and (iv) January 15, 2025, 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 four equal quarterly installments on each of: (i) April 15, 2025; (ii) July 15, 2025; (iii) October 15, 2025; and (iv) January 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
F5 The stock option award vests as to 1/3 of the shares on February 1, 2024, 1/3 of the shares on March 1, 2024, and 1/3 of the shares on April 1, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
F6 The stock option award vests as to 1/3 of the shares on February 1, 2025, 1/3 of the shares on March 1, 2025, and 1/3 of the shares on April 1, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.