Nathan Blecharczyk - Aug 21, 2023 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Brian Savage, Attorney-in-fact
Stock symbol
ABNB
Transactions as of
Aug 21, 2023
Transactions value $
-$1,379,912
Form type
4
Date filed
8/23/2023, 04:05 PM
Previous filing
May 30, 2023
Next filing
Sep 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Tax liability -$1.38M -11K -0.91% $125.06 1.2M Aug 21, 2023 Direct
holding ABNB Class A Common Stock 3.08K Aug 21, 2023 By 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 Gift $0 -628K -4.94% $0.00 12.1M Aug 22, 2023 Class A Common Stock 628K By 2020 GRAT II F1
transaction ABNB Class B Common Stock Gift $0 +628K +1.41% $0.00 45.1M Aug 22, 2023 Class A Common Stock 628K 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.