Filing Details
- Accession Number:
- 0001193125-22-170287
- Form Type:
- 13D Filing
- Publication Date:
- 2022-06-07 20:00:00
- Filed By:
- Greylock Xiii Limited Partnership
- Company:
- Nextdoor Holdings Inc.
- Filing Date:
- 2022-06-08
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Greylock Discovery Fund | 0 | 8,490 | 0 | 8,490 | 8,490 | 0.01% |
| Greylock XIII Limited Partnership | 0 | 18,879,878 | 0 | 18,879,878 | 18,879,878 | 13.94% |
| Greylock XIII-A Limited Partnership | 0 | 1,698,985 | 0 | 1,698,985 | 1,698,985 | 1.44% |
| Greylock XIII GP | 0 | 20,578,863 | 0 | 20,578,863 | 20,578,863 | 15.01% |
| Greylock Discovery Fund II | 0 | 14,661 | 0 | 14,661 | 14,661 | 0.01% |
| Greylock XIV GP | 0 | 14,661 | 0 | 14,661 | 14,661 | 0.01% |
| Greylock | 0 | 5,253,364 | 0 | 5,253,364 | 5,253,364 | 4.51% |
| Greylock 16-A Limited Partnership | 0 | 186,787 | 0 | 186,787 | 186,787 | 0.16% |
| Greylock | 0 | 396,921 | 0 | 396,921 | 396,921 | 0.34% |
| Greylock | 0 | 5,837,072 | 0 | 5,837,072 | 5,837,072 | 5.01% |
| William W. Helman | 0 | 20,593,524 | 0 | 20,593,524 | 20,593,524 | 15.02% |
| Aneel Bhusri | 0 | 20,593,524 | 0 | 20,593,524 | 20,593,524 | 15.02% |
| Donald A. Sullivan | 0 | 20,593,524 | 0 | 20,593,524 | 20,593,524 | 15.02% |
| David Sze | 0 | 20,593,524 | 0 | 20,593,524 | 20,593,524 | 15.02% |
| Reid Hoffman | 0 | 14,661 | 0 | 14,661 | 14,661 | 0.01% |
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
Nextdoor Holdings, Inc.
(Name of Issuer)
Class A common stock, $0.0001 par value per share
(Title of Class of Securities)
65345M 108
(CUSIP Number)
Donald A. Sullivan
2550 Sand Hill Road, Suite 200
Menlo Park, CA 94025
(781) 622-2200
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
June 3, 2022
(Date of Event Which Requires Filing of Statement on Schedule 13D)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), checking the following box. ☐
| * | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| (1) | Name of Reporting Persons:
Greylock Discovery Fund LLC | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
WC | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
8,490 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
8,490 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
8,490 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
0.01% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 8,490 shares of Class B common stock, par value $0.0001 per share (Class B Common Stock) of the Issuer held directly by Greylock Discovery Fund LLC. The rights of the holders of Class A common stock, par value $0.0001 per share (Class A Common Stock) and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended (the Exchange Act), the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Greylock XIII Limited Partnership | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
WC and AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
18,879,878 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
18,879,878 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
18,879,878 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
13.94% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 18,871,388 shares of Class B Common Stock of the Issuer held directly by Greylock XIII Limited Partnership and 8,490 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund LLC. Greylock XIII Limited Partnership is the majority member of Greylock Discovery Fund LLC and may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Greylock XIII-A Limited Partnership | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
WC | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
1,698,985 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
1,698,985 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
1,698,985 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
1.44% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 1,698,985 shares of Class B Common Stock of the Issuer held directly by Greylock XIII-A Limited Partnership. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Greylock XIII GP LLC | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
20,578,863 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
20,578,863 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
20,578,863 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
15.01% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership and 8,490 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund LLC. Greylock XIII GP LLC is the general partner of Greylock XIII Limited Partnership and Greylock XIII-A Limited Partnership, and may be deemed to beneficially own the shares of stock held directly by Greylock XIII Limited Partnership, Greylock XIII-A Limited Partnership and Greylock Discovery Fund LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Greylock Discovery Fund II LLC | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
WC | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
14,661 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
14,661 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
14,661 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
0.01% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 14,661 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund II LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Greylock XIV GP LLC | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
14,661 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
14,661 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
14,661 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
0.01% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 14,661 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund II LLC. Greylock XIV GP LLC is the general partner of Greylock XIV Limited Partnership, the majority member of Greylock Discovery Fund II LLC, and may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund II LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Greylock 16 Limited Partnership | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
WC | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
5,253,364 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
5,253,364 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
5,253,364 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
4.51% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 5,253,364 shares of Class A Common Stock of the Issuer held directly by Greylock 16 Limited Partnership. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022 (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on May 10, 2022). |
| (1) | Name of Reporting Persons:
Greylock 16-A Limited Partnership | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
WC | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
186,787 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
186,787 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
186,787 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
0.16% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 186,787 shares of Class A Common Stock of the Issuer held directly by Greylock 16-A Limited Partnership. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022 (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on May 10, 2022). |
| (1) | Name of Reporting Persons:
Greylock 16 Principals Limited Partnership | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
WC | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
396,921 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
396,921 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
396,921 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
0.34% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 396,921 shares of Class A Common Stock of the Issuer held directly by Greylock 16 Principals Limited Partnership. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022 (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on May 10, 2022). |
| (1) | Name of Reporting Persons:
Greylock 16 GP LLC | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒
| |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
Delaware | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
5,837,072 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
5,837,072 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
5,837,072 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
5.01% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
PN | |||||
| (1) | Consists of 5,253,364 shares of Class A Common Stock held directly by Greylock 16 Limited Partnership, 186,787 shares of Class A Common Stock held directly by Greylock 16-A Limited Partnership and 396,921 shares of Class A Common Stock of the Issuer held directly by Greylock 16 Principals Limited Partnership. Greylock 16 GP LLC is the general partner of Greylock 16 Limited Partnership, Greylock 16-A Limited Partnership and Greylock Principals 16 Limited Partnership, and may be deemed to beneficially own the shares of stock held directly by Greylock 16 Limited Partnership, Greylock 16-A Limited Partnership and Greylock Principals 16 Limited Partnership. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022 (as reported in the Issuers Quarterly Report on Form 10-Q as filed by the Issuer with the SEC on May 10, 2022). |
| (1) | Name of Reporting Persons:
William W. Helman | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒
| |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
United States | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
20,593,524 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
20,593,524 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
20,593,524 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
15.02% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
IN | |||||
| (1) | Consists of 8,490 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund LLC, 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership, and 14,661 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund II LLC. Mr. Helman, as a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC, may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund LLC, Greylock XIII Limited Partnership, Greylock XIII-A Limited Partnership and Greylock Discovery Fund II LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Aneel Bhusri | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒
| |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
United States | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
20,593,524 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
20,593,524 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
20,593,524 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
15.02% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
IN | |||||
| (1) | Consists of 8,490 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund LLC, 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership, and 14,661 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund II LLC. Mr. Bhusri, as a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC, may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund LLC, Greylock XIII Limited Partnership, Greylock XIII-A Limited Partnership and Greylock Discovery Fund II LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Donald A. Sullivan | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
United States | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
20,593,524 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
20,593,524 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
20,593,524 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
15.02% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
IN | |||||
| (1) | Consists of 8,490 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund LLC, 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership, and 14,661 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund II LLC. Mr. Sullivan, as a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC, may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund LLC, Greylock XIII Limited Partnership, Greylock XIII-A Limited Partnership and Greylock Discovery Fund II LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
David Sze | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
United States | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
20,593,524 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
20,593,524 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
20,593,524 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
15.02% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
IN | |||||
| (1) | Consists of 8,490 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund LLC, 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership, and 14,661 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund II LLC. Mr. Sze, as a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC, may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund LLC, Greylock XIII Limited Partnership, Greylock XIII-A Limited Partnership and Greylock Discovery Fund II LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| (1) | Name of Reporting Persons:
Reid Hoffman | |||||
| (2) | Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ☐ (b) ☒ | |||||
| (3) | SEC Use Only:
| |||||
| (4) | Source of Funds (See Instructions):
AF | |||||
| (5) | Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e):
☐ | |||||
| (6) | Citizenship or Place of Organization:
United States | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
| (7) | Sole Voting Power
0 | ||||
| (8) | Shared Voting Power
14,661 (1) | |||||
| (9) | Sole Dispositive Power
0 | |||||
| (10) | Shared Dispositive Power
14,661 (1) | |||||
| (11) | Aggregate Amount Beneficially Owned by Each Reporting Person:
14,661 (1) | |||||
| (12) | Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
☐ | |||||
| (13) | Percent of Class Represented by Amount in Row (11):
0.01% (2) | |||||
| (14) | Type of Reporting Person (See Instructions):
IN | |||||
| (1) | Consists of 14,661 shares of Class B Common Stock of the Issuer held directly by Greylock Discovery Fund II LLC. Mr. Hoffman, as a managing member of Greylock XIV GP LLC, may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund II LLC. The rights of the holders of Class A Common Stock and Class B Common Stock are generally identical, except with respect to voting and conversion. Each share of Class A Common Stock is entitled to one vote per share. Each share of Class B Common Stock is entitled to ten votes per share and is convertible at the election of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will be automatically converted into one share of Class A Common Stock upon the occurrence of certain events as set forth in the Issuers certificate of incorporation. |
| (2) | Pursuant to Rule 13d-3 of the Exchange Act, the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act). |
| ITEM 1. | SECURITY AND ISSUER |
This Amendment No. 1 (this Amendment) amends and supplements the Schedule 13D (the Schedule 13D) filed by the Reporting Person on November 15, 2021, with respect to the Class A common stock, $0.0001 par value per share (the Class A Common Stock), of Nextdoor Holdings, Inc. (the Issuer). The Issuer also has Class B common stock, $0.0001 par value per share (the Class B Common Stock and together with the Class A Common Stock, the Common Stock), issued and outstanding, which stock is convertible on a one-for-one basis into shares of Class A Common Stock at the election of the holder and automatically upon the occurrence of certain events described in the Issuers certificate of incorporation. The address of the principal executive offices of the Issuer is 420 Taylor Street, San Francisco, California 94102. Other than as set forth below, all Items in the Schedule 13D are materially unchanged. Capitalized terms used in this Schedule 13D Amendment which are not defined herein have the meanings given to them in the Schedule 13D.
| ITEM 2. | IDENTITY AND BACKGROUND |
Item 2 of the Schedule 13D is hereby amended and restated as follows:
This Schedule 13D is being filed by the following persons (each a Reporting Person):
| i. | Greylock Discovery Fund LLC, a Delaware limited liability company; |
| ii. | Greylock XIII Limited Partnership, a Delaware limited partnership, the majority member of Greylock Discovery Fund LLC; |
| iii. | Greylock XIII-A Limited Partnership, a Delaware limited partnership; |
| iv. | Greylock XIII GP LLC, a Delaware limited liability company, the general partner of Greylock XIII Limited Partnership and Greylock XIII-A Limited Partnership; |
| v. | Greylock Discovery Fund II LLC, a Delaware limited liability company; |
| vi. | Greylock XIV GP LLC, a Delaware limited liability company, the general partner of Greylock XIV Limited Partnership, the majority member of Greylock Discovery Fund II LLC; |
| vii. | William W. Helman, a United States citizen, managing member of Greylock XIII GP LLC and Greylock XIV GP LLC; |
| viii. | Aneel Bhusri, a United States citizen, a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC; |
| ix. | Donald A. Sullivan, a United States citizen, a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC; |
| x. | David Sze, a United States citizen, a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC; |
| xi. | Reid Hoffman, a United States citizen, a managing member of Greylock XIV GP LLC; |
| xii. | Greylock 16 Limited Partnership, a Delaware limited partnership; |
| xiii. | Greylock 16-A Limited Partnership, a Delaware limited partnership; |
| xiv. | Greylock 16 Principals Limited Partnership, a Delaware limited partnership; and |
| xv. | Greylock 16 GP LLC, a Delaware limited liability company, the general partner of Greylock 16 Limited Partnership, Greylock 16-A Limited Partnership and Greylock 16 Principals Limited Partnership. |
The principal business of each Reporting Person is the venture capital investment business. The principal business address of each Reporting Person is 2550 Sand Hill Road, Suite 200, Menlo Park, CA 94025.
During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
During the last five years, none of the Reporting Persons has been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
| ITEM 3. | SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION |
Item 3 of the Schedule 13D is hereby amended and restated as follows:
The information set forth or incorporated by reference in Item 6 of this statement is incorporated by reference into this Item 3.
As described in Item 6 of this Statement, 20,593,524 of the securities reported on this Statement reflect the consummation of the Merger (as defined below) contemplated by the Merger Agreement (as defined below) and the transactions consummated in connection therewith.
5,837,072 of the securities reported on this Statement were purchased for an aggregate of approximately $19,657,760.87, using funds from working capital.
| ITEM 5. | INTEREST IN SECURITIES OF THE ISSUER |
Item 5 of the Schedule 13D is hereby amended and restated as follows:
(a)-(b) The information set forth in rows 7 through 13 of the cover pages to this Schedule 13D is incorporated by reference. Pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended (the Exchange Act), the percent of class was calculated based on (i) 116,564,414 shares of Class A Common Stock outstanding as of May 6, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2022, and (ii) the shares of Class B Common Stock of the Issuer beneficially owned by the Reporting Person (with such shares treated as converted into shares of Class A Common Stock only for purposes of computing the percentage ownership of the Reporting Person pursuant to the Exchange Act).
Greylock Discovery Fund directly owns 8,490 shares of Class B Common Stock, which represents approximately 0.01% of the outstanding Common Stock.
Greylock XIII Limited Partnership owns 18,879,878 shares of Class B Common Stock, consisting of (i) 8,490 shares of Class B Common Stock held directly by Greylock Discovery Fund and (ii) 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, which represents approximately 13.94% of the outstanding Common Stock. Greylock XIII Limited Partnership is the majority member of Greylock Discovery Fund LLC and may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund LLC.
Greylock XIII-A Limited Partnership directly owns 1,698,985 shares of Class B Common Stock, which represents approximately 1.44% of the outstanding Common Stock.
Greylock XIII GP LLC owns 20,578,863 shares of Class B Common Stock, consisting of (i) 8,490 shares of Class B Common Stock held directly by Greylock Discovery Fund, (ii) 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership and (iii) 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership, which represents approximately 15.01% of the outstanding Common Stock. Greylock XIII GP LLC is the general partner of Greylock XIII Limited Partnership and Greylock XIII-A Limited Partnership, and may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund LLC, Greylock XIII Limited Partnership and Greylock XIII-A Limited Partnership.
Greylock Discovery Fund II directly owns 14,661 shares of Class B Common Stock, which represents approximately 0.01% of the outstanding Common Stock.
Greylock XIV GP LLC owns 14,661 shares of Class B Common Stock, consisting of 14,661 shares of Class B Common Stock held directly by Greylock Discovery Fund II LLC, which represents approximately 0.01% of the outstanding Common Stock. Greylock XIV GP LLC is the general partner of Greylock XIV Limited Partnership, the majority member of Greylock Discovery Fund II LLC, and may be deemed to beneficially own the shares of stock held directly by Greylock Discovery Fund II LLC.
Mr. Helman, as a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC, may be deemed to beneficially own 8,490 shares of Class B Common Stock held directly by Greylock Discovery Fund LLC, 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership and 14,661 shares of Class B Common Stock held directly by Greylock Discovery Fund II LLC.
Mr. Bhusri, as a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC, may be deemed to beneficially own 8,490 shares of Class B Common Stock held directly by Greylock Discovery Fund LLC, 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership and 14,661 shares of Class B Common Stock held directly by Greylock Discovery Fund II LLC.
Mr. Sullivan, as a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC, may be deemed to beneficially own 8,490 shares of Class B Common Stock held directly by Greylock Discovery Fund LLC, 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership and 14,661 shares of Class B Common Stock held directly by Greylock Discovery Fund II LLC.
Mr. Sze, as a managing member of Greylock XIII GP LLC and Greylock XIV GP LLC, may be deemed to beneficially own 8,490 shares of Class B Common Stock held directly by Greylock Discovery Fund LLC, 18,871,388 shares of Class B Common Stock held directly by Greylock XIII Limited Partnership, 1,698,985 shares of Class B Common Stock held directly by Greylock XIII-A Limited Partnership and 14,661 shares of Class B Common Stock held directly by Greylock Discovery Fund II LLC.
Mr. Hoffman, as a managing member of Greylock XIV GP LLC, may be deemed to beneficially own 14,661 shares of Class B Common Stock held directly by Greylock Discovery Fund II LLC.
Greylock 16 Limited Partnership directly owns 5,253,364 shares of Class A Common Stock, which represents approximately 4.51% of the outstanding Common Stock.
Greylock 16-A Limited Partnership directly owns 186,787 shares of Class A Common Stock, which represents approximately 0.16% of the outstanding Common Stock.
Greylock 16 Principals Limited Partnership directly owns 396,921 shares of Class A Common Stock, which represents approximately 0.34% of the outstanding Common Stock.
Greylock 16 GP LLC owns 5,837,072 shares of Class A Common Stock, consisting of (i) 5,253,364 shares of Class A Common Stock held directly by Greylock 16 Limited Partnership, (ii) 186,787 shares of Class A Common Stock held directly by Greylock 16-A Limited Partnership, and (iii) 396,921 shares of Class A Common Stock held directly by Greylock 16 Principals Limited Partnership, which represents approximately 5.01% of the outstanding Common Stock. Greylock 16 GP LLC is the general partner of Greylock 16 Limited Partnership, Greylock 16-A Limited Partnership and Greylock 16 Principals Limited Partnership, and may be deemed to beneficially own the shares of stock held directly by Greylock 16 Limited Partnership, Greylock 16-A Limited Partnership and Greylock 16 Principals Limited Partnership.
(c) Information concerning transactions in the shares of Common Stock effected within the last 60 days by the Reporting Persons is set forth in Annex I of this Schedule 13D.
(d) Except as described herein, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, securities covered by this statement.
(e) Not applicable
| ITEM 7. | MATERIAL TO BE FILED AS EXHIBITS |
| Exhibit 1 | Joint Filing Agreement (filed herewith). |
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this Statement is true, complete and correct.
Dated: June 8, 2022
| GREYLOCK DISCOVERY FUND LLC | ||
| By: | Greylock XIII Limited Partnership | |
| By: | Greylock XIII GP LLC, its General Partner | |
| By: | /s/ Donald A. Sullivan | |
| By: Donald A. Sullivan | ||
| Administrative Partner | ||
| GREYLOCK XIII GP LLC | ||
| By: | /s/ Aneel Bhusri | |
| Aneel Bhusri, Managing Member | ||
| By: | /s/ William W. Helman | |
| William W. Helman, Managing Member | ||
| By: | /s/ Donald A. Sullivan | |
| Donald A. Sullivan, Managing Member | ||
| By: | /s/ David Sze | |
| David Sze, Managing Member | ||
| GREYLOCK XIII LIMITED PARTNERSHIP | ||
| By: | Greylock XIII GP LLC | |
| General Partner | ||
| By: | /s/ Aneel Bhusri | |
| Aneel Bhusri, Managing Member | ||
| By: | /s/ William W. Helman | |
| William W. Helman, Managing Member | ||
| By: | /s/ Donald A. Sullivan | |
| Donald A. Sullivan, Managing Member | ||
| By: | /s/ David Sze | |
| David Sze, Managing Member | ||
| GREYLOCK XIII-A LIMITED PARTNERSHIP | ||
| By: | Greylock XIII GP LLC | |
| General Partner | ||
| By: | /s/ Aneel Bhusri | |
| Aneel Bhusri, Managing Member | ||
| By: | /s/ William W. Helman | |
| William W. Helman, Managing Member | ||
| By: | /s/ Donald A. Sullivan | |
| Donald A. Sullivan, Managing Member | ||
| By: | /s/ David Sze | |
| David Sze, Managing Member | ||
| GREYLOCK DISCOVERY FUND II LLC | ||
| By: | Greylock XIV Limited Partnership | |
| By: | Greylock XIV GP LLC, its General Partner | |
| By: | /s/ Donald A. Sullivan | |
| By: Donald A. Sullivan | ||
| Administrative Partner | ||
| GREYLOCK XIV GP LLC | ||
| By: | /s/ Aneel Bhusri | |
| Aneel Bhusri, Managing Member | ||
| By: | /s/ William W. Helman | |
| William W. Helman, Managing Member | ||
| By: | /s/ Donald A. Sullivan | |
| Donald A. Sullivan, Managing Member | ||
| By: | /s/ David Sze | |
| David Sze, Managing Member | ||
| By: | /s/ Reid Hoffman | |
| Reid Hoffman, Managing Member | ||
| /s/ William W. Helman |
| William W. Helman |
| /s/ Aneel Bhusri |
| Aneel Bhusri |
| /s/ Donald A. Sullivan |
| Donald A. Sullivan |
| /s/ David Sze |
| David Sze |
| /s/ Reid Hoffman |
| Reid Hoffman |
| GREYLOCK 16 LIMITED PARTNERSHIP GREYLOCK 16-A LIMITED PARTNERSHIP GREYLOCK 16 PRINCIPALS LIMITED PARTNERSHIP | ||
| By: | Greylock 16 GP LLC, its General Partner | |
| By: | /s/ Donald A. Sullivan | |
| Donald A. Sullivan | ||
| Administrative Partner | ||