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

Role
Director
Signature
/s/ Brian Savage, Attorney-in-fact
Stock symbol
ABNB
Transactions as of
Feb 26, 2024
Transactions value $
$0
Form type
4
Date filed
2/28/2024, 05:36 PM
Previous filing
Feb 22, 2024
Next filing
May 22, 2024

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 +1.33M +6349204.76% 1.33M Feb 26, 2024 By Sycamore Trust F1
transaction ABNB Class A Common Stock Gift $0 -1.33M -100% $0.00 21 Feb 26, 2024 By Sycamore Trust
holding ABNB Class A Common Stock 55.5K Feb 26, 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 Exercise Price Ownership Footnotes
transaction ABNB Class B Common Stock Conversion of derivative security $0 -1.33M -3.27% $0.00 39.5M Feb 26, 2024 Class A Common Stock 1.33M By Sycamore Trust F1
holding ABNB Class B Common Stock 92.4K Feb 26, 2024 Class A Common Stock 92.4K By Ulderico LLC F1
holding ABNB Class B Common Stock 1M Feb 26, 2024 Class A Common Stock 1M By Guernica LLC F1
holding ABNB Class B Common Stock 2M Feb 26, 2024 Class A Common Stock 2M By Guernica 2, LLC F1
holding ABNB Class B Common Stock 3M Feb 26, 2024 Class A Common Stock 3M 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.