Bryant John Hope 4
4 · Nextdoor Holdings, Inc. · Filed Dec 14, 2021
Insider Transaction Report
Form 4
Bryant John Hope
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2021-12-11+67,031→ 67,031 total→ Class A Common Stock (67,031 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2021-12-11−67,031→ 162,249 totalExercise: $2.41Exp: 2030-11-12→ Class B Common Stock (67,031 underlying)
Footnotes (3)
- [F1]The award vests as to 1/48 of the total award monthly on the 29th, subject to the reporting person's continued service to the Issuer on each vesting date.
- [F2]Each share of the Issuer's Class B Common Stock is convertible into one share of Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers.
- [F3]A holder's shares of the Issuer's Class B Common Stock convert automatically upon certain transfers. Additionally, all of the Issuer's Class B Common Stock will convert automatically into Class A Common Stock on a one-for-one basis upon the earlier of: (i) November 5, 2031; or (ii) the date specified by the affirmative vote of the holders of two-thirds of the Class B Common Stock then outstanding.