Sc Us (Ttgp), Ltd. - May 18, 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
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/22/2023, 07:31 PM
Previous filing
May 19, 2023
Next filing
Jun 5, 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 +3.82M +652.08% $0.00 4.41M May 18, 2023 Sequoia Capital Fund, LP F1, F3
transaction ABNB Class A Common Stock Other $0 -3.94M -89.37% $0.00 468K May 18, 2023 Sequoia Capital Fund, LP F2, F3
transaction ABNB Class A Common Stock Conversion of derivative security $0 +707K +875.13% $0.00 788K May 18, 2023 Sequoia Capital Fund Parallel, LLC F1, F3
transaction ABNB Class A Common Stock Other $0 -727K -92.26% $0.00 61K May 18, 2023 Sequoia Capital Fund Parallel, LLC F2, F3
holding ABNB Class A Common Stock 8.15K May 18, 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 -3.82M -10.96% $0.00 31M May 18, 2023 Class A Common Stock 3.82M Sequoia Capital Fund, LP F1, F3
transaction ABNB Class B Common Stock Conversion of derivative security $0 -707K -10.94% $0.00 5.75M May 18, 2023 Class A Common Stock 707K Sequoia Capital Fund Parallel, LLC F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sc Us (Ttgp), Ltd. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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.