Key facts
- This page summarizes Founders Fund IV, LP's Form 4 filing for Airbnb, Inc. (ABNB).
- 5 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 18 May 2021, 18:33.
Founders Fund IV, LP - 14 May 2021 Form 4 Insider Report for Airbnb, Inc. (ABNB)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ABNB
- Reported as of
- 14 May 2021
- Net transaction value
- $0
- Reporting owner signature
- The Founders Fund IV, LP, By The Founders Fund IV Management, LLC, General Partner, By /s/ Peter Thiel, Managing Member
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Founders Fund IV, LP filed Form 4 for Airbnb, Inc. (ABNB) on 18 May 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ABNB
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- $0
- Shares
- -207,016
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 May 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 207,016
- Exercise price
- Footnotes
- F1, F2, F3
ABNB
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- $0
- Shares
- -338,616
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 May 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 338,616
- Exercise price
- Footnotes
- F1, F2, F4
ABNB
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- $0
- Shares
- -6,847,812
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 May 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,847,812
- Exercise price
- Footnotes
- F1, F2, F5
ABNB
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- $0
- Shares
- -3,849,874
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 May 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,849,874
- Exercise price
- Footnotes
- F1, F2, F6
ABNB
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- $0
- Shares
- -11,993,238
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 May 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 11,993,238
- Exercise price
- Footnotes
- F1, F2, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Founders Fund IV, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 7 footnotes
Footnote F1
The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (a) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (b) the date and time, or the occurrence of an event, specified by vote or written consent of the holders of at least 80% of the outstanding shares of Class B Common Stock at the time of such vote or consent, voting as a separate series or (c) the 20-year anniversary of the closing of the Issuer's initial public offering.
Footnote F2
Represents a pro rata distribution of shares of Class B Common Stock, without additional consideration, by the holder to its general partner and limited partners.
Footnote F3
Shares held by The Founders Fund II Entrepreneurs Fund, LP.
Footnote F4
Shares held by The Founders Fund II Principals Fund, LP.
Footnote F5
Shares held by The Founders Fund II, LP.
Footnote F6
Shares held by The Founders Fund IV Principals Fund, LP.
Footnote F7
Shares held by The Founders Fund IV, LP.
SEC remarks
The Reporting Persons disclaim group status and neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that they have formed a group.