Michael Kiernan - Apr 15, 2025 Form 4 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: Apr 15, 2025
Transactions value $: -$59,539
Form type: 4
Date filed: 4/17/2025, 04:02 PM
Previous filing: Apr 11, 2025
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	Options Exercise	$0	+2.82K	+0.98%	$0.00	291K	Apr 15, 2025	Direct
transaction	KIND	Class A Common Stock	Tax liability	-$1.67K	-1.14K	-0.39%	$1.47	290K	Apr 15, 2025	Direct
transaction	KIND	Class A Common Stock	Options Exercise	$0	+15.8K	+5.44%	$0.00	306K	Apr 15, 2025	Direct
transaction	KIND	Class A Common Stock	Tax liability	-$9.34K	-6.36K	-2.08%	$1.47	299K	Apr 15, 2025	Direct
transaction	KIND	Class A Common Stock	Options Exercise	$0	+16.9K	+5.65%	$0.00	316K	Apr 15, 2025	Direct
transaction	KIND	Class A Common Stock	Tax liability	-$10K	-6.82K	-2.16%	$1.47	309K	Apr 15, 2025	Direct
transaction	KIND	Class A Common Stock	Options Exercise	$0	+65K	+21%	$0.00	374K	Apr 15, 2025	Direct
transaction	KIND	Class A Common Stock	Tax liability	-$38.5K	-26.2K	-7%	$1.47	348K	Apr 15, 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
transaction	KIND	Restricted Stock Units (RSU)	Options Exercise	$0	-2.82K	-100%	$0.00	0	Apr 15, 2025	Class A Common Stock	2.82K		Direct	F1, F2, F3
transaction	KIND	Restricted Stock Units (RSU)	Options Exercise	$0	-15.8K	-33.34%	$0.00	31.5K	Apr 15, 2025	Class A Common Stock	15.8K		Direct	F1, F3, F4
transaction	KIND	Restricted Stock Units (RSU)	Options Exercise	$0	-16.9K	-20%	$0.00	67.7K	Apr 15, 2025	Class A Common Stock	16.9K		Direct	F1, F3, F5
transaction	KIND	Restricted Stock Units (RSU)	Options Exercise	$0	-65K	-12.5%	$0.00	455K	Apr 15, 2025	Class A Common Stock	65K		Direct	F1, F3, 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 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.
F3	These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F4	The 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 July 15, 2024; thereafter, (a) for the next three vesting events following July 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.
F5	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, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
F6	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 event on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.