4/A//SEC Filing
Bryant John Hope 4/A
Accession 0001209191-22-002423
CIK 0001846069other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 4:42 PM ET
Size
6.8 KB
Accession
0001209191-22-002423
Insider Transaction Report
Form 4/AAmended
Bryant John Hope
Director
Transactions
- Award
Stock Option (Right to Buy)
2021-11-05+229,820→ 229,820 totalExercise: $2.41Exp: 2030-11-12→ Class B Common Stock (229,820 underlying)
Footnotes (2)
- [F1]Represents stock options received pursuant to a business combination (the "Business Combination") which was effectuated in accordance with the terms of an Agreement and Plan of Merger dated as of July 6, 2021, entered into by and among: (i) Khosla Ventures Acquisition Co. II (the "Issuer"), a Delaware corporation; (ii) Lorelei Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of the Issuer; and (iii) Nextdoor, Inc. ("Original Nextdoor"), a Delaware corporation. As a result of the Business Combination, Original Nextdoor became a wholly-owned subsidiary of the Issuer and the Issuer was renamed "Nextdoor Holdings, Inc." Upon completion of the Business Combination, the reporting person's stock options previously awarded by Original Nextdoor for shares of its common stock were exchanged for substitute option awards, of an equivalent economic value, which vest and become exercisable for shares of the Issuer's Class B Common Stock.
- [F2]62,245 of the options vest on the transaction date. The remainder 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.
Documents
Issuer
Nextdoor Holdings, Inc.
CIK 0001846069
Entity typeother
Related Parties
1- filerCIK 0001543270
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 4:42 PM ET
- Size
- 6.8 KB