Nathan Blecharczyk - 20 May 2024 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Brian Savage, Attorney-in-fact
Issuer symbol
ABNB
Transactions as of
20 May 2024
Net transactions value
-$1,437,664
Form type
4
Filing time
22 May 2024, 17:32:39 UTC
Previous filing
09 Apr 2024
Next filing
21 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Tax liability $1,437,664 -9,870 -4.6% $145.66 203,802 20 May 2024 Direct
transaction ABNB Class A Common Stock Conversion of derivative security +120,000 +1562% 127,681 20 May 2024 By Trust F1
transaction ABNB Class A Common Stock Gift $0 -120,000 -94% $0.000000 7,681 20 May 2024 By Trust

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 -120,000 -0.27% $0.000000 44,916,126 20 May 2024 Class A Common Stock 120,000 By Trust F1
holding ABNB Class B Common Stock 12,068,507 20 May 2024 Class A Common Stock 12,068,507 By 2020 GRAT II F1
* 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.