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

Role: CEO and Chairman, Director, 10%+ Owner
Signature: /s/ Brian Savage, Attorney-in-fact
Issuer symbol: ABNB
Transactions as of: 10 Nov 2021
Net transactions value: -$10,134,846
Form type: 4
Filing time: 12 Nov 2021, 20:00:25 UTC
Previous filing: 02 Jun 2021
Next filing: 04 Jan 2022
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	$10,134,846	-52,059	-0.43%	$194.68	11,947,941	10 Nov 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
holding	ABNB	Class B Common Stock	64,155,997	10 Nov 2021	Class A Common Stock	64,155,997	Direct	F1
holding	ABNB	Class B Common Stock	750,000	10 Nov 2021	Class A Common Stock	750,000	By 2021 GRAT A	F1, F2
holding	ABNB	Class B Common Stock	750,000	10 Nov 2021	Class A Common Stock	750,000	By 2021 GRAT B	F1, F2
holding	ABNB	Class B Common Stock	157,311	10 Nov 2021	Class A Common Stock	157,311	By 2019 Trust	F1
holding	ABNB	Class B Common Stock	442,160	10 Nov 2021	Class A Common Stock	442,160	By 2019 GRAT II	F1
holding	ABNB	Class B Common Stock	455,211	10 Nov 2021	Class A Common Stock	455,211	By 2020 GRAT A	F1
holding	ABNB	Class B Common Stock	455,211	10 Nov 2021	Class A Common Stock	455,211	By 2020 GRAT B	F1
holding	ABNB	Class B Common Stock	15,266	10 Nov 2021	Class A Common Stock	15,266	By 2016 Long-Term Trust	F1
holding	ABNB	Class B Common Stock	63,655	10 Nov 2021	Class A Common Stock	63,655	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.

Content

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.

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.