Statement of Changes in Beneficial Ownership (4)
August 23 2022 - 4:21PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Sze David L |
2. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc.
[
KIND
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
8/19/2022 |
(Street)
SAN FRANCISCO, CA 94102
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Class A Common Stock | 8/19/2022 | | P | | 688500 | A | $3.3129 (1) | 10917514 | I | See footnotes (2)(3) |
Class A Common Stock | 8/19/2022 | | P | | 24480 | A | $3.3129 (1) | 388179 | I | See footnotes (3)(4) |
Class A Common Stock | 8/19/2022 | | P | | 52020 | A | $3.3129 (1) | 824879 | I | See footnotes (3)(5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option (Right to Buy) | $3.34 | 8/19/2022 | | A | | 24647 | | (6) | 8/18/2032 | Class A Common Stock | 24647 | $0.00 | 24647 | D | |
Explanation of Responses: |
(1) | The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.24 to $3.39, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. |
(2) | Shares directly held by Greylock 16 Limited Partnership. |
(3) | Greylock 16 GP LLC ("Greylock 16 GP") is the general partner of each of Greylock 16 Limited Partnership ("Greylock 16"), Greylock 16-A Limited Partnership ("Greylock 16-A") and Greylock 16 Principals Limited Partnership ("Greylock 16 Principals") and may be deemed to share voting and dispositive voting power with respect to the shares held by Greylock 16, Greylock 16-A and Greylock 16 Principals. The reporting person is one of the managing members of Greylock 16 GP LLC, and may be deemed to share voting and dispositive power with respect to the shares held directly by Greylock 16, Greylock 16-A and Greylock 16 Principals. The reporting person disclaims beneficial ownership of the securities held by Greylock 16, Greylock 16-A and Greylock 16 Principals except to the extent of his pecuniary interest therein. |
(4) | Shares directly held by Greylock 16-A Limited Partnership. |
(5) | Shares directly held by Greylock 16 Principals Limited Partnership. |
(6) | The stock option vests as to 1/12 of the total award on each monthly anniversary following June 16, 2022, subject to the reporting person's continued service to the Company on each applicable vesting date. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Sze David L C/O NEXTDOOR HOLDINGS, INC. 420 TAYLOR STREET SAN FRANCISCO, CA 94102 | X |
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Signatures
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/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person | | 8/23/2022 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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