Nathan Blecharczyk - Nov 20, 2023 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role
Chief Strategy Officer, Director, 10%+ Owner
Signature
/s/ Brian Savage, Attorney-in-fact
Stock symbol
ABNB
Transactions as of
Nov 20, 2023
Transactions value $
-$1,403,100
Form type
4
Date filed
11/21/2023, 05:11 PM
Previous filing
Nov 16, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Tax liability -$1.4M -11K -1.2% $127.15 912K Nov 20, 2023 Direct
transaction ABNB Class A Common Stock Conversion of derivative security +33K +588.13% 38.6K Nov 20, 2023 By Trust F1, F2

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 -33K -0.07% $0.00 45M Nov 20, 2023 Class A Common Stock 33K By Trust F1
holding ABNB Class B Common Stock 12.1M Nov 20, 2023 Class A Common Stock 12.1M By 2020 Grat II 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 Includes 1,182 shares acquired in a pro rata, distribution in-kind exempt from reporting pursuant to Rule 16a-9.