Key facts
- This page summarizes Greylock XIII GP LLC's Form 4 filing for Airbnb, Inc. (ABNB).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 19 May 2021, 17:46.
Greylock XIII GP LLC - 17 May 2021 Form 4 Insider Report for Airbnb, Inc. (ABNB)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ABNB
- Reported as of
- 17 May 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 19 May 2021, 17:46:23 UTC
- Prior SEC filing
- 19 May 2021
- Next SEC filing
- 10 Jun 2021
- Source filing
- View source filing
- Reporting owner signature
- By: /s/ Donald A. Sullivan, Donald A. Sullivan, as Administrative Partner of Greylock XIII GP LLC
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Greylock XIII GP LLC filed Form 4 for Airbnb, Inc. (ABNB) on 19 May 2021.
Change
- Previous filing in this sequence was filed on 19 May 2021.
- 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
- -5,165,743
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 15,497,129
- Date
- 17 May 2021
- Ownership
- By Greylock XIII Limited Partnership
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,165,743
- Exercise price
- Footnotes
- F1, F2, F3
ABNB
transaction
Derivative
Class B Common Stock
Other
- Transaction value
- $0
- Shares
- -465,071
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 1,395,193
- Date
- 17 May 2021
- Ownership
- By Greylock XIII-A Limited Partnership
- Underlying class
- Class A Common Stock
- Underlying amount
- 465,071
- Exercise price
- Footnotes
- F1, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Greylock XIII GP LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 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, in-kind distribution by Greylock XIII LP and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns. Such distribution was made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
Footnote F3
The shares are held directly by Greylock XIII Limited Partnership ("Greylock XIII LP"). Greylock XIII GP Limited Liability Company ("Greylock XIII GP") is the sole General Partner of Greylock XIII LP and may be deemed to share voting and dispositive power with respect to the shares held by Greylock XIII LP. Greylock XIII GP disclaims beneficial ownership of the securities held by Greylock XIII LP except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission by Greylock XIII GP of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Footnote F4
Represents a pro-rata, in-kind distribution by Greylock XIII-A LP and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns. Such distribution was made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
Footnote F5
The shares are held directly by Greylock XIII-A Limited Partnership ("Greylock XIII-A LP"). Greylock XIII GP is the sole General Partner of Greylock XIII-A LP and may be deemed to share voting and dispositive power with respect to the shares held by Greylock XIII-A LP. Greylock XIII GP disclaims beneficial ownership of the securities held by Greylock XIII-A LP except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission by Greylock XIII GP of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.