Alfred Lin - May 18, 2023 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 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/22/2023, 07:31 PM
Previous filing: Mar 9, 2023
Next filing: May 25, 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
transaction	ABNB	Class A Common Stock	Other	$0	+63.9K	+34.21%	$0.00	251K	May 18, 2023	By estate planning vehicle	F2
holding	ABNB	Class A Common Stock						8.15K	May 18, 2023	Sequoia Capital U.S. Venture 2010-Seed Fund, L.P.	F3
holding	ABNB	Class A Common Stock						8.78K	May 18, 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	-3.82M	-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.

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.