0001846069-24-000082.txt : 20240405
0001846069-24-000082.hdr.sgml : 20240405
20240405160045
ACCESSION NUMBER: 0001846069-24-000082
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240403
FILED AS OF DATE: 20240405
DATE AS OF CHANGE: 20240405
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tolia Nirav N
CENTRAL INDEX KEY: 0001295752
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40246
FILM NUMBER: 24826384
MAIL ADDRESS:
STREET 1: C/O FENWICK & WEST LLP
STREET 2: 801 CALIFORNIA STREET
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94041
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Nextdoor Holdings, Inc.
CENTRAL INDEX KEY: 0001846069
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 861776836
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 420 TAYLOR STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94012
BUSINESS PHONE: 415-344-0333
MAIL ADDRESS:
STREET 1: 420 TAYLOR STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94012
FORMER COMPANY:
FORMER CONFORMED NAME: Khosla Ventures Acquisition Co. II
DATE OF NAME CHANGE: 20210212
4
1
wk-form4_1712347236.xml
FORM 4
X0508
4
2024-04-03
0
0001846069
Nextdoor Holdings, Inc.
KIND
0001295752
Tolia Nirav N
C/O NEXTDOOR HOLDINGS, INC.
420 TAYLOR STREET
SAN FRANCISCO
CA
94102
1
0
1
0
0
Restricted Stock Units (RSU)
2024-04-03
4
A
0
5010020
0
A
Class A Common Stock
5010020
5010020
D
Performance Stock Units (PSU)
2024-04-03
4
A
0
5010020
0
A
Class A Common Stock
5010020
5010020
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued service to the Issuer on each vesting date.
The award vests quarterly over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on July 15, 2024.
Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the achievement of applicable performance criteria and the reporting person's continued service to the Issuer in the role of Chief Executive Officer or Executive Chair through the date such achievement is certified.
Unless earlier terminated pursuant to, and subject to the terms of, the applicable equity agreement entered into between the reporting person and the Issuer (the "PSU Agreement"), the PSUs shall vest, in ratable tranches representing 25% of the total award, upon the certification of achievement of certain stock price targets for the Issuer's Class A Common Stock, measured with respect to certain performance periods more completely described in the PSU Agreement, with such measurement periods continuing over the four-year period beginning March 18, 2025 and ending March 18, 2029. In the event that any tranche does not vest by the end of the applicable performance measurement period, the PSU comprising such tranche shall be forfeited for no consideration.
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person
2024-04-05