Gebbia Joseph's Form 4 filing
Airbnb, Inc. (ABNB) · filed Jul 6, 2021
- Accession no.
- 0000899243-21-027709
- Filed
- Jul 6, 2021
- Trade date
- Jul 1, 2021
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 13 non-derivative transactions and 3 derivative transactions. Open-market sales total $31.5M. It was filed 5 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Gebbia JosephCIK 0001834171 | Director, Officer (See Remarks), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 1, 2021 | Class A Common Stock | CConversionAcquired | +145,833 | –F1 | – | 407,432 | Direct | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −17,485 | $152.22F3 | −$2,661,566.7 | 389,947 | Direct | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −55,734 | $152.98F4 | −$8,526,187.32 | 334,213 | Direct | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −11,981 | $154.08F5 | −$1,846,032.48 | 322,232 | Direct | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −20,400 | $155.17F6 | −$3,165,468 | 301,832 | Direct | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −38,433 | $156.13F7 | −$6,000,544.29 | 263,399 | Direct | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −1,800 | $157.00F8 | −$282,600 | 261,599 | Direct | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −8,509 | $152.26F9 | −$1,295,580.34 | 1,444,978 | Indirect | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −19,072 | $153.03F10 | −$2,918,588.16 | 1,425,906 | Indirect | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −5,056 | $154.11F11 | −$779,180.16 | 1,420,850 | Indirect | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −8,989 | $155.18F12 | −$1,394,913.02 | 1,411,861 | Indirect | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −16,107 | $156.10F13 | −$2,514,302.7 | 1,395,754 | Indirect | |
| Jul 1, 2021 | Class A Common Stock | SSaleDisposed | −600 | $157.01F14 | −$94,206 | 1,395,154 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 1, 2021 | Class B Common Stock | MOption exerciseDisposed | −145,833 | $0.00 | $0 | 446,197 | Direct | |
| Jul 1, 2021 | Class A Common Stock | MOption exerciseAcquired | +145,833 | $3.18 | +$463,748.94 | 145,833 | Direct | |
| Jul 1, 2021 | Class A Common Stock | CConversionDisposed | −145,833 | $3.18 | −$463,748.94 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.54 to $152.54. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $152.55 to $153.55. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $153.56 to $154.56. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.58 to $155.58. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.59 to $156.58. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.60 to $157.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F9
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.58 to $152.58. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F10
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $152.595 to $153.565. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F11
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $153.60 to $154.59. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F12
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.62 to $155.62. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F13
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.63 to $156.58. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F14
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.77 to $157.27. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
Remarks
Chairman - Samara & Airbnb.org