Nathan Blecharczyk - Dec 31, 2022 Form 5 Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Brian Savage, Attorney-in-fact
Stock symbol
ABNB
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/13/2023, 03:47 PM
Previous filing
Nov 23, 2022
Next filing
Feb 23, 2023

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 Gift $0 -580K -4.37% $0.00 12.7M Aug 30, 2022 Class A Common Stock 580K $0.00 By 2020 GRAT II F1
transaction ABNB Class B Common Stock Gift $0 +580K +1.31% $0.00 45M Aug 30, 2022 Class A Common Stock 580K $0.00 By 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.