Michael Kiernan - Mar 18, 2025 Form 3 Insider Report for Nextdoor Holdings, Inc. (KIND)

Role
Chief Revenue Officer
Signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
Stock symbol
KIND
Transactions as of
Mar 18, 2025
Transactions value $
$0
Form type
3
Date filed
3/28/2025, 04:01 PM
Next filing
Apr 11, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KIND Class A Common Stock 189K Mar 18, 2025 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
holding KIND Stock Option (Right to Buy) Mar 18, 2025 Class B Common Stock 99.6K $1.18 Direct F1
holding KIND Stock Option (Right to Buy) Mar 18, 2025 Class B Common Stock 93.3K $2.37 Direct F1
holding KIND Stock Option (Right to Buy) Mar 18, 2025 Class B Common Stock 15.5K $2.41 Direct F1
holding KIND Stock Option (Right to Buy) Mar 18, 2025 Class A Common Stock 47.5K $2.79 Direct F2
holding KIND Restricted Stock Units (RSU) Mar 18, 2025 Class A Common Stock 47.3K Direct F3, F4, F5
holding KIND Restricted Stock Units (RSU) Mar 18, 2025 Class A Common Stock 2.82K Direct F4, F5, F6
holding KIND Restricted Stock Units (RSU) Mar 18, 2025 Class A Common Stock 84.6K Direct F4, F5, F7
holding KIND Restricted Stock Units (RSU) Mar 18, 2025 Class A Common Stock 520K Direct F4, F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option award is fully vested and exercisable.
F2 The stock option award vests over twelve months, with 1/12 of the shares vesting on October 1, 2024 and the remaining shares vesting as to 1/12 of the award monthly thereafter, subject to the reporting person's continued service to the Issuer on each vesting date.
F3 The restricted stock unit ("RSU") award vests on January 15, April 15, July 15 and October 15 of each calendar year, with 1/6 of the total number of shares vesting on January 15, 2024; thereafter, (a) for the next three vesting events following January 15, 2024, an additional 1/6 of the total number of shares will vest, and (b) for the remaining four vesting events, an additional 1/12 of the total number of shares will vest, subject to the reporting person's continued service to the Issuer on each vesting date.
F4 These RSUs do not expire; they either vest and settle or are cancelled prior to the vesting date.
F5 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F6 The RSU award vests in equal quarterly installments over one year 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.
F7 The RSU award vests in six equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on January 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
F8 The RSU award vests in eight equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.

Remarks:

Exhibit 24.1 - Power of Attorney.