Brian Chesky - 05 Aug 2024 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role
CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Brian Savage, Attorney-in-fact
Issuer symbol
ABNB
Transactions as of
05 Aug 2024
Net transactions value
-$9,530,760
Form type
4
Filing time
03 Sep 2024, 16:21:45 UTC
Previous filing
24 Jul 2024
Next filing
19 Sep 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 Sale $9,530,760 -76,923 -0.56% $123.90 13,721,994 05 Aug 2024 Direct F1
transaction ABNB Class A Common Stock Conversion of derivative security +174,687 +1.3% 13,896,681 29 Aug 2024 Direct F2
transaction ABNB Class A Common Stock Gift $0 -350,000 -2.5% $0.000000 13,546,681 29 Aug 2024 Direct
transaction ABNB Class A Common Stock Conversion of derivative security +33,600 33,600 29 Aug 2024 By 2019 Trust F2
holding ABNB Class A Common Stock 128,554 05 Aug 2024 By 2016 Legacy Trust B

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 -174,687 -0.3% $0.000000 57,333,079 29 Aug 2024 Class A Common Stock 174,687 Direct F2
transaction ABNB Class B Common Stock Conversion of derivative security $0 -33,600 -49% $0.000000 35,254 29 Aug 2024 Class A Common Stock 33,600 By 2019 Trust F2
holding ABNB Class B Common Stock 63,655 05 Aug 2024 Class A Common Stock 63,655 By 2016 Legacy Trust F2
holding ABNB Class B Common Stock 156,131 05 Aug 2024 Class A Common Stock 156,131 By 2016 Legacy Trust B F2
holding ABNB Class B Common Stock 15,266 05 Aug 2024 Class A Common Stock 15,266 By 2016 Long-Term Trust F2
holding ABNB Class B Common Stock 251,886 05 Aug 2024 Class A Common Stock 251,886 By 2019 Trust A F2
holding ABNB Class B Common Stock 143,869 05 Aug 2024 Class A Common Stock 143,869 By 2021 GRAT B F2
holding ABNB Class B Common Stock 2,500,000 05 Aug 2024 Class A Common Stock 2,500,000 By 2024 GRAT A F2
holding ABNB Class B Common Stock 2,500,000 05 Aug 2024 Class A Common Stock 2,500,000 By 2024 GRAT B 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 February 28, 2024.
F2 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.