Samir Kaul - 05 Nov 2021 Form 4 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role
10%+ Owner
Signature
Khosla Ventures SPAC Sponsor II LLC By: /s/ Samir Kaul, authorized representative
Issuer symbol
KIND
Transactions as of
05 Nov 2021
Transactions value $
$0
Form type
4
Filing time
09 Nov 2021, 18:50:40 UTC
Previous filing
21 Sep 2021
Next filing
26 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KIND Class A Common Stock Conversion of derivative security +10,232,269 +9.03% 11,364,957 05 Nov 2021 See Footnote F1, F2, F3

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 Class B Common Stock Conversion of derivative security $0 -4,880,000 -100% $0* 0 05 Nov 2021 Class A Common Stock 7,170,915 See Footnote F1, F3
transaction KIND Class K Common Stock Conversion of derivative security $0 -5,000,000 -100% $0* 0 05 Nov 2021 Class A Common Stock 3,061,354 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Samir Kaul is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The Class B Common Stock automatically converted into shares of Class A Common Stock of the Issuer upon completion of the initial business combination on a one for 1.4694498 basis.
F2 The Class K Common Stock automatically converted into 3,061,354 shares of Class A Common Stock of the Issuer upon completion of the initial business combination.
F3 Khosla Ventures SPAC Sponsor II LLC ("Sponsor") is the record holder of the shares reported herein. Khosla Ventures SPAC Sponsor Services LLC is the owner of Sponsor. VK Services LLC and SK SPAC Services, LLC are the joint owners of Khosla Ventures SPAC Sponsor Services LLC. Vinod Khosla and Samir Kaul are the managing members of VK Services LLC and SK SPAC Services, LLC, respectively. As such, each of VK Services LLC, SK SPAC Services, LLC and Messrs. Khosla and Kaul may be deemed to share beneficial ownership of the shares held directly by Sponsor. Each of VK Services LLC, SK SPAC Services, LLC and Messrs. Khosla and Kaul disclaim any beneficial ownership of such shares other than to the extent of their pecuniary interest therein.