Sc Us (Ttgp), Ltd. - Feb 28, 2023 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role: 10%+ Owner
Signature: By: /s/ Jung Yeon Son, by power of attorney for Roelof Botha, a Director of SC US (TTGP), Ltd.
Stock symbol: ABNB
Transactions as of: Feb 28, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/2/2023, 06:54 PM
Previous filing: Feb 16, 2023
Next filing: Mar 9, 2023

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	$0	+3.75M	+483.99%	$0.00	4.52M	Feb 28, 2023	Sequoia Capital Fund, LP	F1, F3
transaction	ABNB	Class A Common Stock	Other	$0	-3.94M	-87.05%	$0.00	586K	Feb 28, 2023	Sequoia Capital Fund, LP	F2, F3
transaction	ABNB	Class A Common Stock	Conversion of derivative security	$0	+722K	+842.52%	$0.00	807K	Feb 28, 2023	Sequoia Capital Fund Parallel, LLC	F1, F3
transaction	ABNB	Class A Common Stock	Other	$0	-727K	-90%	$0.00	80.8K	Feb 28, 2023	Sequoia Capital Fund Parallel, LLC	F2, F3
holding	ABNB	Class A Common Stock						8.15K	Feb 28, 2023	Sequoia Capital U.S. Venture 2010-Seed Fund, L.P.	F3

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	-3.75M	-9.71%	$0.00	34.8M	Feb 28, 2023	Class A Common Stock	3.75M		Sequoia Capital Fund, LP	F1, F3
transaction	ABNB	Class B Common Stock	Conversion of derivative security	$0	-722K	-10.05%	$0.00	6.46M	Feb 28, 2023	Class A Common Stock	722K		Sequoia Capital Fund Parallel, LLC	F1, F3

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

Explanation of Responses:

Id	Content
F1	The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the election of the holder thereof and has no expiration date.
F2	Represents a pro rata in-kind distribution of shares of Class A Common Stock of the Issuer to partners or members for no consideration and includes subsequent distributions by general partners or managing members to their respective partners or members.
F3	SC US (TTGP), Ltd. is (i) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of each of Sequoia Capital Fund, LP ("SCF") and Sequoia Capital Fund Parallel, LLC ("SCFP"), and (ii) the general partner of SC U.S. Venture 2010 Management, L.P., which is the general partner of Sequoia Capital U.S. Venture 2010-Seed Fund L.P. ("USV 2010-Seed"). As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by SCF, SCFP and USV 2010-Seed. Each of such reporting persons disclaims beneficial ownership of the shares held by SCF, SCFP and USV 2010-Seed, as applicable, except to the extent of its 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.