Belinda J. Johnson - May 17, 2021 Form 4/A - Amendment Insider Report for Airbnb, Inc. (ABNB)

Role: Director
Signature: /s/ Brian Savage, Attorney-in-fact
Stock symbol: ABNB
Transactions as of: May 17, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 6/4/2021, 08:51 PM
Date Of Original Report: May 19, 2021
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	Conversion of derivative security		+1K	+0.5%		199K	May 17, 2021	Direct	F1, F2

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	-1K	-0.07%	$0.00	1.52M	May 17, 2021	Class A Common Stock	1K		By Family Trust	F1, F2, 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	On May 19, 2021, the reporting person filed a Form 4 reporting a sale of Class A Common Stock that omitted the corresponding conversion of 1,000 shares of Class B Common Stock into 1,000 shares of Class A Common Stock, which is reported herein. The 1,000 shares of Class A Common Stock acquired upon such conversion were omitted from the Form 4 filed by the reporting person on May 19, but were included in the subsequent Form 4 filed on May 27, 2021. The amount of securities beneficially owned following the reported transactions on this Form 4 are current as of the date hereof and reflect the transactions of May 25, 2021, which were reported on the Form 4 filed on May 27, 2021.
F3	Since the date of the reporting person's Form 3, GRAT 1 and GRAT 2 distributed all of the shares of Class B Common Stock previously held by them, including 13,682 shares of Class B Common Stock that were transferred to the Family Trust and 100,286 shares of Class B Common Stock that were transferred to an irrevocable trust in which the reporting person does not have a reportable pecuniary interest. Following these transfers, GRAT 1 and GRAT 2 are no longer the beneficial owners of any shares of the Issuer's common stock.