Joseph Gebbia - 18 Feb 2022 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
18 Feb 2022
Net transactions value
-$1,569,553
Form type
4
Filing time
23 Feb 2022, 16:09:53 UTC
Previous filing
28 Jan 2022
Next filing
02 Mar 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 Conversion of derivative security +240 +0% 6,906,293 18 Feb 2022 By Sycamore Trust F1
transaction ABNB Class A Common Stock Gift $0 -240 -0% $0.000000 6,906,053 18 Feb 2022 By Sycamore Trust
transaction ABNB Class A Common Stock Tax liability $1,569,553 -8,974 -4% $174.90 214,353 22 Feb 2022 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
transaction ABNB Class B Common Stock Conversion of derivative security $0 -240 -0% $0.000000 51,931,052 18 Feb 2022 Class A Common Stock 240 By Sycamore Trust F1
holding ABNB Class B Common Stock 92,400 18 Feb 2022 Class A Common Stock 92,400 By Ulderico LLC F1
holding ABNB Class B Common Stock 1,000,000 18 Feb 2022 Class A Common Stock 1,000,000 By Guernica LLC F1
holding ABNB Class B Common Stock 2,000,000 18 Feb 2022 Class A Common Stock 2,000,000 By Guernica 2, LLC F1
holding ABNB Class B Common Stock 3,000,000 18 Feb 2022 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