Alfred Lin - 23 Feb 2024 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role
Director
Signature
/s/ Jung Yeon Son, Attorney-in-fact for Alfred Lin
Issuer symbol
ABNB
Transactions as of
23 Feb 2024
Net transactions value
$0
Form type
4
Filing time
27 Feb 2024, 18:57:00 UTC
Previous filing
22 Nov 2023
Next filing
29 May 2024

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 +3,937,028 +841% $0.000000 4,405,300 23 Feb 2024 Sequoia Capital Fund, LP F1, F3
transaction ABNB Class A Common Stock Other $0 -3,937,028 -89% $0.000000 468,272 23 Feb 2024 Sequoia Capital Fund, LP F2, F3
transaction ABNB Class A Common Stock Conversion of derivative security $0 +855,467 +1829% $0.000000 902,232 23 Feb 2024 Sequoia Capital Fund Parallel, LLC F1, F3
transaction ABNB Class A Common Stock Other $0 -855,488 -95% $0.000000 46,744 23 Feb 2024 Sequoia Capital Fund Parallel, LLC F2, F3
transaction ABNB Class A Common Stock Other $0 +63,938 +17% $0.000000 442,320 23 Feb 2024 By estate planning vehicle F2
holding ABNB Class A Common Stock 12,653 23 Feb 2024 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 -3,937,028 -17% $0.000000 19,216,870 23 Feb 2024 Class A Common Stock 3,937,028 Sequoia Capital Fund, LP F1, F3
transaction ABNB Class B Common Stock Conversion of derivative security $0 -855,467 -22% $0.000000 2,972,812 23 Feb 2024 Class A Common Stock 855,467 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 the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP ("SCF") and the managing member of Sequoia Capital Fund Parallel, LLC ("SCFP"). As a result, the Reporting Person may be deemed to share voting and dispositive power with respect to the shares held by SCF and SCFP. 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.