Joseph Gebbia - 25 Aug 2021 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role
Chairman - Samara & Airbnb.org, Director, 10%+ Owner
Signature
/s/ Brian Savage, Attorney-in-fact
Issuer symbol
ABNB
Transactions as of
25 Aug 2021
Net transactions value
-$1,566,904
Form type
4
Filing time
26 Aug 2021, 21:23:18 UTC
Previous filing
06 Jul 2021
Next filing
31 Aug 2021
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 Tax liability $1,566,904 -9,707 -3.7% $161.42 251,892 25 Aug 2021 Direct
transaction ABNB Class A Common Stock Conversion of derivative security +4,506 +0.32% 1,399,660 25 Aug 2021 By Sycamore Trust F1
transaction ABNB Class A Common Stock Gift $0 -4,506 -0.32% $0.000000 1,395,154 25 Aug 2021 By Sycamore 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 -4,506 -0.01% $0.000000 59,514,428 25 Aug 2021 Class A Common Stock 4,506 By Sycamore Trust F1
holding ABNB Class B Common Stock 92,400 25 Aug 2021 Class A Common Stock 92,400 By Ulderico LLC F1
holding ABNB Class B Common Stock 1,000,000 25 Aug 2021 Class A Common Stock 1,000,000 By Guernica LLC F1
holding ABNB Class B Common Stock 2,000,000 25 Aug 2021 Class A Common Stock 2,000,000 By Guernica 2, LLC F1
holding ABNB Class B Common Stock 3,000,000 25 Aug 2021 Class A Common Stock 3,000,000 By Guernica 3, LLC 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.

Remarks:

Chairman - Samara & Airbnb.org