Form 4 for ABNB Airbnb
Accepted 2023-05-30 00:00:00 ET · period of report 2023-05-25 · accession 0000950170-23-025066 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-05-30 | 2023-05-25 | ABNB | Chesky Brian | CEO, COB, Dir, 10% | C - Cnv Deriv | — | +5.50M | 16.39M | +50% | — |
| DM | 2023-05-30 | 2023-05-25 | ABNB | Chesky Brian | CEO, COB, Dir, 10% | C - Cnv Deriv | $0.00 | -5.50M | 67.88M | -7% | $0 |
| D | 2023-05-30 | 2023-05-25 | ABNB | Chesky Brian | CEO, COB, Dir, 10% | F - Tax | $105.71 | -4.70M | 64.06M | -7% | -$496.41M |
| DM | 2023-05-30 | 2023-05-25 | ABNB | Chesky Brian | CEO, COB, Dir, 10% | M - OptEx | $1.59 | 0 | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-05-25 | C | A | 1,000,000 | — | 17,393,931 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2023-05-25 | C | A | 4,496,654 | — | 16,393,931 | D | — | — | (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. |
| 3 | Derivative | Class B Common Stock | 2023-05-25 | C | D | 4,496,654 | $0.00 | 68,879,414 | D | — · — to — | 4,496,654 Class A Common Stock | (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. |
| 4 | Derivative | Class B Common Stock | 2023-05-25 | C | D | 1,000,000 | — | 67,879,414 | D | — · — to — | 1,000,000 Class A Common Stock | (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. |
| 5 | Derivative | Class B Common Stock | 2023-05-25 | F | D | 4,695,934 | $105.71 | 64,058,127 | D | — · — to — | 4,695,934 Class A Common Stock | (F4) Reflects the following transfers: (i) 331,326 shares of Class B Common Stock from the 2021 GRAT A on May 30, 2023, (ii) 229,871 shares of Class B Common Strock from the 2021 GRAT B on May 30, 2023, and (iii) 313,450 shares of Class B Common Stock from the 2022 GRAT A on May 26, 2023, in each case to the reporting person in satisfaction of a GRAT annuity payment owed to the reporting person. Such transactions were exempt from reporting pursuant to Rule 16a-13. (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. |
| 6 | Derivative | Class B Common Stock | 2023-05-25 | M | A | 9,192,588 | $3.18 | 73,376,068 | D | — · — to — | 9,192,588 Class A Common Stock | (F3) Reflects a transfer of 67,913 shares of Class B Common Stock from the 2019 GRAT II to the reporting person on February 17, 2023 in satisfaction of a GRAT annuity payment owed to the reporting person, which was exempt from reporting pursuant to Rule 16a-13. (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. |
| 7 | Derivative | Stock Option | 2023-05-25 | M | D | 9,192,588 | $0.00 | 0 | D | $3.18 · — to 2024-02-17 | 9,192,588 Class B Common Stock | (F2) The stock option is fully vested and currently exercisable. The exercise was in connection with the upcoming expiration of the stock option on February 17, 2024. |