09/11/2025 | Press release | Distributed by Public on 09/11/2025 14:01
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (Right to Buy) | (1) | 02/13/2029 | Class B Common Stock | 154,893 | $1.49 | D | |
Stock Option (Right to Buy) | (1) | 04/29/2030 | Class B Common Stock | 10,972 | $2.37 | D | |
Stock Option (Right to Buy) | (1) | 03/23/2031 | Class B Common Stock | 90,986 | $2.41 | D | |
Stock Option (Right to Buy) | (1) | 03/24/2032 | Class A Common Stock | 43,564 | $6.06 | D | |
Stock Option (Right to Buy) | (1) | 10/04/2032 | Class A Common Stock | 148,000 | $2.79 | D | |
Restricted Stock Units (RSU) | (2) | (3) | Class A Common Stock | 19,705 | $0 | D | |
Restricted Stock Units (RSU) | (4) | (3) | Class A Common Stock | 9,337 | $0 | D | |
Restricted Stock Units (RSU) | (5) | (3) | Class A Common Stock | 51,425 | $0 | D | |
Restricted Stock Units (RSU) | (6) | (3) | Class A Common Stock | 80,810 | $0 | D | |
Restricted Stock Units (RSU) | (7) | (3) | Class A Common Stock | 113,744 | $0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
How Antoinette C/O NEXTDOOR HOLDINGS, INC. 420 TAYLOR STREET SAN FRANCISCO, CA 94102 |
Chief Accounting Officer |
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person | 09/11/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | The stock option award is fully vested and exercisable. |
(2) | The restricted stock unit ("RSU") award vests in quarterly installments over two years, with 1/6th of the total shares vesting on July 15, 2024, followed by three additional quarterly vesting events of 1/6th of the total shares on October 15, 2024, January 15, 2025, and April 15, 2025, respectively, and four final quarterly vesting events of 1/12th of the total shares on July 15, 2025, October 15, 2025, January 15, 2026, and April 15, 2026, respectively, subject to the reporting person's continued service to the Issuer on each vesting date. |
(3) | These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
(4) | 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, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. |
(5) | The RSU award vests in equal quarterly installments over two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. |
(6) | The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. |
(7) | The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on October 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. |