Joseph Gebbia - 26 Feb 2024 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role: Director
Signature: /s/ Brian Savage, Attorney-in-fact
Issuer symbol: ABNB
Transactions as of: 26 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 28 Feb 2024, 17:36:28 UTC
Previous filing: 22 Feb 2024
Next filing: 22 May 2024
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		+1,333,333	+6349205%		1,333,354	26 Feb 2024	By Sycamore Trust	F1
transaction	ABNB	Class A Common Stock	Gift	$0	-1,333,333	-100%	$0.000000	21	26 Feb 2024	By Sycamore Trust
holding	ABNB	Class A Common Stock						55,484	26 Feb 2024	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	Ownership	Footnotes
transaction	ABNB	Class B Common Stock	Conversion of derivative security	$0	-1,333,333	-3.3%	$0.000000	39,478,645	26 Feb 2024	Class A Common Stock	1,333,333	By Sycamore Trust	F1
holding	ABNB	Class B Common Stock						92,400	26 Feb 2024	Class A Common Stock	92,400	By Ulderico LLC	F1
holding	ABNB	Class B Common Stock						1,000,000	26 Feb 2024	Class A Common Stock	1,000,000	By Guernica LLC	F1
holding	ABNB	Class B Common Stock						2,000,000	26 Feb 2024	Class A Common Stock	2,000,000	By Guernica 2, LLC	F1
holding	ABNB	Class B Common Stock						3,000,000	26 Feb 2024	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.

Content

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.