Brian Chesky - Nov 10, 2021 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Brian Savage, Attorney-in-fact
Stock symbol
ABNB
Transactions as of
Nov 10, 2021
Transactions value $
-$10,134,846
Form type
4
Date filed
11/12/2021, 08:00 PM
Previous filing
Jun 2, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Tax liability -$10.1M -52.1K -0.43% $194.68 11.9M Nov 10, 2021 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
holding ABNB Class B Common Stock 64.2M Nov 10, 2021 Class A Common Stock 64.2M Direct F1
holding ABNB Class B Common Stock 750K Nov 10, 2021 Class A Common Stock 750K By 2021 GRAT A F1, F2
holding ABNB Class B Common Stock 750K Nov 10, 2021 Class A Common Stock 750K By 2021 GRAT B F1, F2
holding ABNB Class B Common Stock 157K Nov 10, 2021 Class A Common Stock 157K By 2019 Trust F1
holding ABNB Class B Common Stock 442K Nov 10, 2021 Class A Common Stock 442K By 2019 GRAT II F1
holding ABNB Class B Common Stock 455K Nov 10, 2021 Class A Common Stock 455K By 2020 GRAT A F1
holding ABNB Class B Common Stock 455K Nov 10, 2021 Class A Common Stock 455K By 2020 GRAT B F1
holding ABNB Class B Common Stock 15.3K Nov 10, 2021 Class A Common Stock 15.3K By 2016 Long-Term Trust F1
holding ABNB Class B Common Stock 63.7K Nov 10, 2021 Class A Common Stock 63.7K By 2016 Legacy Trust 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.
F2 The Reporting Person's Form 4 filed on June 2, 2021 inadvertently reported that each of 2021 GRAT A and 2021 GRAT B held Class A Common Stock. Both 2021 GRAT A and 2021 GRAT B hold Class B Common Stock as reflected herein.