Dave Stephenson - Jan 2, 2024 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Brian Savage, Attorney-in-fact
Stock symbol
ABNB
Transactions as of
Jan 2, 2024
Transactions value $
-$2,356,250
Form type
4
Date filed
1/4/2024, 04:54 PM
Previous filing
Dec 6, 2023
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Options Exercise $1M +25K +25.3% $40.18 124K Jan 2, 2024 Direct
transaction ABNB Class A Common Stock Sale -$3.36M -25K -20.19% $134.43 98.8K Jan 2, 2024 Direct F1

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 Stock Option Options Exercise $0 -25K -13.1% $0.00 166K Jan 2, 2024 Class A Common Stock 25K $40.18 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2023.
F2 The stock option vested with respect to 25,925 shares on August 8, 2020 and thereafter vests in 43 equal monthly installments beginning on August 25, 2020.