Joseph Gebbia - Feb 26, 2024 Form 4 Insider Report for Airbnb, Inc. (ABNB)

Role: Director
Signature: /s/ Brian Savage, Attorney-in-fact
Stock symbol: ABNB
Transactions as of: Feb 26, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/28/2024, 05:36 PM
Previous filing: Feb 22, 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		+1,333,333	+6349204.76%		1,333,354	Feb 26, 2024	By Sycamore Trust	F1
transaction	ABNB	Class A Common Stock	-Gift	$0	-1,333,333	-100%	$0.00	21	Feb 26, 2024	By Sycamore Trust
holding	ABNB	Class A Common Stock						55,484	Feb 26, 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	Ownership	Footnotes
transaction	ABNB	Class B Common Stock	-Conversion of derivative security	$0	-1,333,333	-3.27%	$0.00	39,478,645	Feb 26, 2024	Class A Common Stock	1,333,333	By Sycamore Trust	F1
holding	ABNB	Class B Common Stock						92,400	Feb 26, 2024	Class A Common Stock	92,400	By Ulderico LLC	F1
holding	ABNB	Class B Common Stock						1,000,000	Feb 26, 2024	Class A Common Stock	1,000,000	By Guernica LLC	F1
holding	ABNB	Class B Common Stock						2,000,000	Feb 26, 2024	Class A Common Stock	2,000,000	By Guernica 2, LLC	F1
holding	ABNB	Class B Common Stock						3,000,000	Feb 26, 2024	Class A Common Stock	3,000,000	By Guernica 3, LLC	F1

Explanation of Responses:

Id	Content
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.

Content

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.