X0306 4/A 2021-11-05 2021-11-09 false 0001846069 Nextdoor Holdings, Inc. KIND 0001218352 KILGORE LESLIE J C/O NEXTDOOR HOLDINGS, INC. 420 TAYLOR STREET SAN FRANCISCO CA 94102 true false false false Class B Common Stock 2021-11-05 4 A false 613758.00 A Class A Common Stock 613758.00 613758.00 I By The JLK Family Legacy Trust Class B Common Stock 2021-11-05 4 A false 106577.00 A Class A Common Stock 106577.00 106577.00 I By the JLK Revocable Trust dtd October 13, 2003 Represents shares of Class B Common Stock 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 shares of the capital stock of Original Nextdoor were exchanged for shares of Class B Common Stock of the Issuer based on an exchange ratio of approximately 3.1057 to 1. Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the election of the holder at any time; provided; however, that each share of Class B Common Stock shall automatically be converted into Class A Common Stock on a one-for-one basis on the earlier of the: (i) tenth anniversary of completion of the Business Combination or (ii) date specified by the affirmative vote of the holders of two-thirds of the Class B Common Stock then outstanding. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value (subject to certain exceptions). Certain of the shares are subject to the Issuer's right of repurchase if underlying vesting conditions are not met. This Form 4 is being amended to correct the total number of shares of Class B Common Stock owned by The JLK Family Legacy Trust. This amendment supersedes and replaces all prior amendments of this Form 4 previously filed. /s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person 2022-04-07