Joseph Gebbia - May 17, 2021 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role
Chairman - Samara & Airbnb.org, Director, 10%+ Owner
Signature
/s/ Brian Savage, Attorney-in-fact
Stock symbol
ABNB
Transactions as of
May 17, 2021
Transactions value $
-$139,880
Form type
4
Date filed
5/19/2021, 09:00 PM
Next filing
May 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Sale -$140K -1.03K -0.35% $136.07 296K May 17, 2021 Direct F1, F2, F3
transaction ABNB Class A Common Stock Conversion of derivative security $0 +1.45M $0.00 1.45M May 18, 2021 By Sycamore Trust F4

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 -1.45M -2.38% $0.00 59.5M May 18, 2021 Class A Common Stock 1.45M By Sycamore Trust F4
holding ABNB Class B Common Stock 92.4K May 17, 2021 Class A Common Stock 92.4K By Ulderico LLC F4
holding ABNB Class B Common Stock 1M May 17, 2021 Class A Common Stock 1M By Guernica LLC F4
holding ABNB Class B Common Stock 2M May 17, 2021 Class A Common Stock 2M By Guernica 2, LLC F4
holding ABNB Class B Common Stock 3M May 17, 2021 Class A Common Stock 3M By Guernica 3, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.00 to $136.18. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Includes 103 shares of Class A Common Stock received from SV Angel 5 LP in a pro rata distribution in-kind.
F4 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.

Remarks:

Chairman - Samara & Airbnb.org