Aristotle N. Balogh - 08 Mar 2024 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Brian Savage, Attorney-in-fact
Issuer symbol
ABNB
Transactions as of
08 Mar 2024
Net transactions value
-$6,872,250
Form type
4
Filing time
12 Mar 2024, 16:05:14 UTC
Previous filing
07 Mar 2024
Next filing
14 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABNB Class A Common Stock Options Exercise $2,812,492 +22,976 +16% $122.41 168,507 08 Mar 2024 Direct
transaction ABNB Class A Common Stock Options Exercise $1,497,750 +25,000 +15% $59.91* 193,507 08 Mar 2024 Direct
transaction ABNB Class A Common Stock Options Exercise $1,004,500 +25,000 +13% $40.18* 218,507 08 Mar 2024 Direct
transaction ABNB Class A Common Stock Sale $12,186,992 -72,976 -33% $167.00 145,531 08 Mar 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 -22,976 -25% $0.000000 68,929 08 Mar 2024 Class A Common Stock 22,976 $122.41 Direct F2
transaction ABNB Stock Option Options Exercise $0 -25,000 -17% $0.000000 118,570 08 Mar 2024 Class A Common Stock 25,000 $59.91 Direct F3
transaction ABNB Stock Option Options Exercise $0 -25,000 -21% $0.000000 94,996 08 Mar 2024 Class A Common Stock 25,000 $40.18 Direct F4
* 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 vests in 48 equal monthly installments beginning on March 19, 2023.
F3 The stock option is fully vested and exercisable.
F4 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.