Christopher Varelas - Jan 2, 2024 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: Jan 2, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/4/2024, 04:31 PM
Previous filing: Dec 5, 2023
Next filing: Feb 5, 2024

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	+8.24K		$0.00	8.24K	Jan 2, 2024	Class A Common Stock	8.24K	$1.74	Direct	F1

* 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 the underlying shares upon exercise and settlement of the stock options 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.

Content

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 the underlying shares upon exercise and settlement of the stock options 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.