Alfred Lin - 18 May 2023 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Signature
/s/ Jung Yeon Son, Attorney-in-fact for Alfred Lin
Issuer symbol
ABNB
Transactions as of
18 May 2023
Net transactions value
$0
Form type
4
Filing time
22 May 2023, 19:31:33 UTC
Previous filing
09 Mar 2023
Next filing
25 May 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 +3,819,552 +652% $0.000000 4,405,300 18 May 2023 Sequoia Capital Fund, LP F1, F3
transaction ABNB Class A Common Stock Other $0 -3,937,028 -89% $0.000000 468,272 18 May 2023 Sequoia Capital Fund, LP F2, F3
transaction ABNB Class A Common Stock Conversion of derivative security $0 +706,868 +875% $0.000000 787,641 18 May 2023 Sequoia Capital Fund Parallel, LLC F1, F3
transaction ABNB Class A Common Stock Other $0 -726,648 -92% $0.000000 60,996 18 May 2023 Sequoia Capital Fund Parallel, LLC F2, F3
transaction ABNB Class A Common Stock Other $0 +63,880 +34% $0.000000 250,615 18 May 2023 By estate planning vehicle F2
holding ABNB Class A Common Stock 8,153 18 May 2023 Sequoia Capital U.S. Venture 2010-Seed Fund, L.P. F3
holding ABNB Class A Common Stock 8,775 18 May 2023 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 Conversion of derivative security $0 -3,819,552 -11% $0.000000 31,027,954 18 May 2023 Class A Common Stock 3,819,552 Sequoia Capital Fund, LP F1, F3
transaction ABNB Class B Common Stock Conversion of derivative security $0 -706,868 -11% $0.000000 5,752,168 18 May 2023 Class A Common Stock 706,868 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 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. 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"). 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.