Nirav N. Tolia - Jul 15, 2024 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role: CEO and President, Director, 10%+ Owner
Signature: /s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
Stock symbol: KIND
Transactions as of: Jul 15, 2024
Transactions value $: -$216,334
Form type: 4
Date filed: 7/17/2024, 04:00 PM
Previous filing: Jun 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KIND	Class A Common Stock	Options Exercise	$0	+313K		$0.00	313K	Jul 15, 2024	Direct
transaction	KIND	Class A Common Stock	Tax liability	-$216K	-76.2K	-24.33%	$2.84	237K	Jul 15, 2024	Direct

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	-313K	-6.25%	$0.00	4.7M	Jul 15, 2024	Class A Common Stock	313K		Direct	F1, F2, F3

* 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 equal quarterly installments over four years on January 15, April 15, July 15 and October 15, with the first such vesting event on July 15, 2024, 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.