Brian Chesky - May 27, 2022 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role
CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Brian Savage, Attorney-in-fact
Stock symbol
ABNB
Transactions as of
May 27, 2022
Transactions value $
$0
Form type
4
Date filed
6/1/2022, 05:47 PM
Previous filing
Jan 4, 2022
Next filing
Aug 18, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Conversion of derivative security +169K +1.42% 12.1M May 27, 2022 Direct F1
transaction ABNB Class A Common Stock Gift $0 -169K -1.4% $0.00 11.9M May 27, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ABNB Class B Common Stock Conversion of derivative security $0 -169K -0.26% $0.00 64M May 27, 2022 Class A Common Stock 169K Direct F1, F2, F3
holding ABNB Class B Common Stock 63.7K May 27, 2022 Class A Common Stock 63.7K By 2016 Legacy Trust F1
holding ABNB Class B Common Stock 15.3K May 27, 2022 Class A Common Stock 15.3K By 2016 Long-Term Trust F1
holding ABNB Class B Common Stock 157K May 27, 2022 Class A Common Stock 157K By 2019 Trust F1
holding ABNB Class B Common Stock 391K May 27, 2022 Class A Common Stock 391K By 2019 GRAT II F1, F2
holding ABNB Class B Common Stock 455K May 27, 2022 Class A Common Stock 455K By 2020 GRAT A F1
holding ABNB Class B Common Stock 455K May 27, 2022 Class A Common Stock 455K By 2020 GRAT B F1
holding ABNB Class B Common Stock 331K May 27, 2022 Class A Common Stock 331K By 2021 GRAT A F1, F2
holding ABNB Class B Common Stock 576K May 27, 2022 Class A Common Stock 576K By 2021 GRAT B F1, F2
holding ABNB Class B Common Stock 593K May 27, 2022 Class A Common Stock 593K By 2022 GRAT A F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (a) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (b) the date and time, or the occurrence of an event, specified by vote or written consent of the holders of at least 80% of the outstanding shares of Class B common stock at the time of such vote or consent, voting as a separate series or (c) the 20-year anniversary of the closing of the Issuer's initial public offering.
F2 Reflects the following transfers: (i) 50,747 shares of Class B common stock from the 2019 GRAT II on February 24, 2022, (ii) 418,674 shares of Class B common stock from the 2021 GRAT A on May 27, 2022, and (iii) 174,013 shares of Class B common stock from the 2021 GRAT B on May 27, 2022, in each case to the reporting person in satisfaction of a GRAT annuity payment owed to the reporting person. The GRAT annuity payments and other transactions reflected on this Form were entered into in connection with the reporting person's long-term estate planning.
F3 On May 27, 2022, the reporting person contributed 592,687 shares of Class B common stock to the 2022 GRAT A.