1: The skydiver is free falling and the air resitance is hitting  him with a strong  upward force but gravity is pulling him down faster because it is stronger

2: Air resistance and gravity have become equal which means he is falling at terminal velocity.

3: He releases the parachute and the wind catches it with a strong upward force thats greater than gravity so he slows down.

4: Since he is falling with the parachute it slows him down the little bit of air resistance because of the parichute is equal with gravity

5: Then the skydiver hits the ground  slowly which means tha he has stoped falling and gravity and air resistance is equal.