Aristotle N. Balogh - 29 Feb 2024 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Brian Savage, Attorney-in-fact
Issuer symbol
ABNB
Transactions as of
29 Feb 2024
Net transactions value
-$7,923,000
Form type
4
Filing time
01 Mar 2024, 18:00:28 UTC
Previous filing
22 Feb 2024
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Sale $76,700 -500 -0.34% $153.40 146,131 29 Feb 2024 Direct F1
transaction ABNB Class A Common Stock Options Exercise $2,396,400 +40,000 +27% $59.91* 186,131 29 Feb 2024 Direct
transaction ABNB Class A Common Stock Options Exercise $1,406,300 +35,000 +19% $40.18* 221,131 29 Feb 2024 Direct
transaction ABNB Class A Common Stock Sale $6,280,000 -40,000 -18% $157.00 181,131 29 Feb 2024 Direct F1
transaction ABNB Class A Common Stock Sale $5,369,000 -35,000 -19% $153.40 146,131 29 Feb 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 -40,000 -18% $0.000000 188,570 29 Feb 2024 Class A Common Stock 40,000 $59.91 Direct F2
transaction ABNB Stock Option Options Exercise $0 -35,000 -18% $0.000000 164,996 29 Feb 2024 Class A Common Stock 35,000 $40.18 Direct F3
* 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 November 29, 2023.
F2 The stock option is fully vested and exercisable.
F3 The stock option vested with respect to 29,166 shares on August 8, 2020, and thereafter vests in 43 equal monthly installments beginning on August 25, 2020.