Alfred Lin - May 27, 2021 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role: Director, 10%+ Owner
Signature: /s/ Jung Yeon Son, Attorney-in-fact for Alfred Lin
Stock symbol: ABNB
Transactions as of: May 27, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/1/2021, 09:39 PM
Previous filing: May 27, 2021
Next filing: Nov 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ABNB	Class A Common Stock	Other		-145K	-20.95%		547K	May 27, 2021	See Footnotes	F1, F2, F5, F6
transaction	ABNB	Class A Common Stock	Other		+13K			13K	May 27, 2021	By estate planning vehicle	F1
transaction	ABNB	Class A Common Stock	Other		+36.2K			36.2K	May 27, 2021	By Sequoia Grove II, LLC	F1, F7
holding	ABNB	Class A Common Stock						5.13K	May 27, 2021	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	Other		-20.7M	-25.5%		60.6M	May 27, 2021	Class A Common Stock	20.7M		See footnotes	F3, F4, F5, F6
transaction	ABNB	Class B Common Stock	Other		+684K			684K	May 27, 2021	Class A Common Stock	684K		By estate planning vehicle	F3
transaction	ABNB	Class B Common Stock	Other		+895K			895K	May 27, 2021	Class A Common Stock	895K		By Sequoia Grove II, LLC	F3, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a distribution of Class A Common Stock of the Issuer to partners or members in the following amounts: 114,066 shares from Sequoia Capital Global Growth Fund II, L.P. ("GGF II") and 30,829 shares from Sequoia Capital U.S. Growth Fund VII, L.P. ("US GF VII").
F2	Includes shares of Class A Common Stock in the following amounts: 460,938 shares held by GGF II, 7,102 shares held by Sequoia Capital Global Growth II Principals Fund, L.P. ("GGF II PF"), 71,987 shares held by US GF VII and 6,690 shares held by Sequoia Capital U.S. Growth VII Principals Fund, L.P. ("US GF VII PF").
F3	Represents a distribution of Class B Common Stock of the Issuer to partners or members in the following amounts: 1,697,792 shares from SC US GF V Holdings, Ltd. ("US GF V Holdco"), 715,574 shares from Sequoia Capital Global Growth Fund, LP ("GGF"), 18,042,914 shares from Sequoia Capital XII, L.P. ("SC XII"), 213,022 shares from GGF II and 57,573 shares from US GF VII.
F4	Includes shares of Class B Common Stock in the following amounts: 4,400,608 shares held by US GF V Holdco, 3,569,616 shares held by GGF, 124,348 shares held by Sequoia Capital Global Growth Principals Fund, LP ("GGF PF"), 42,673,906 shares held by SC XII, 6,489,252 shares held by Sequoia Capital XII Principals Fund, LLC ("SC XII PF"), 2,271,924 shares held by Sequoia Technology Partners XII, L.P. ("STP XII"), 860,812 shares held by GGF II, 13,262 shares held by GGF II PF, 134,433 shares held by US GF VII and 12,496 shares held by US GF VII PF.
F5	The Reporting Person is a director and stockholder of SC US (TTGP), Ltd., which is: (i) the general partner of SCGF V Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund V, L.P. and Sequoia Capital USGF Principals Fund V, L.P., which together own 100% of the outstanding ordinary shares of US GF V Holdco; (ii) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of US GF VII and US GF VII PF; (iii) the general partner of SCGGF Management, L.P., which is the general partner of each of GGF and GGF PF; and (iv) the general partner of SC Global Growth II Management, L.P., which is the general partner of each GGF II and GGF II PF. SC XII Management, LLC is the general partner of each of SC XII and STP XII, and the managing member of SC XII PF.
F6	(cont'd) The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F7	The Reporting Person is a member of Sequoia Grove II, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.