Airbnb, Inc. — Director's Dealing 2022

Mar 1, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Airbnb, Inc. (ABNB)
CIK: 0001559720
Period of Report: 2022-02-24

Reporting Person: Lin Alfred (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-24	Class A Common Stock	C	5952965	—	Acquired	6807093	Indirect
2022-02-24	Class A Common Stock	J	6165517	—	Disposed	641576	Indirect
2022-02-24	Class A Common Stock	C	79641	—	Acquired	102367	Indirect
2022-02-24	Class A Common Stock	J	93139	—	Disposed	9228	Indirect
2022-02-24	Class A Common Stock	J	188708	—	Acquired	188708	Indirect
2022-02-24	Class A Common Stock	J	24736	—	Acquired	24736	Indirect
2022-02-24	Class A Common Stock	J	2542	—	Acquired	14958	Indirect
2022-02-27	Class A Common Stock	C	12190503	—	Acquired	12832079	Indirect
2022-02-27	Class A Common Stock	J	12321575	—	Disposed	510504	Indirect
2022-02-27	Class A Common Stock	C	186378	—	Acquired	195606	Indirect
2022-02-27	Class A Common Stock	J	195606	—	Disposed	0	Indirect
2022-02-27	Class A Common Stock	J	117476	—	Acquired	306184	Indirect
2022-02-27	Class A Common Stock	J	16058	—	Acquired	40794	Indirect
2022-02-27	Class A Common Stock	J	3489	—	Acquired	18447	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-24	Class B Common Stock	$	C	5952965	Disposed		Class A Common Stock (5952965)	Indirect
2022-02-24	Class B Common Stock	$	C	79641	Disposed		Class A Common Stock (79641)	Indirect
2022-02-24	Class B Common Stock	$	J	4134886	Acquired		Class A Common Stock (4134886)	Indirect
2022-02-24	Class B Common Stock	$	J	1152770	Acquired		Class A Common Stock (1152770)	Indirect
2022-02-27	Class B Common Stock	$	C	12190503	Disposed		Class A Common Stock (12190503)	Indirect
2022-02-27	Class B Common Stock	$	C	186378	Disposed		Class A Common Stock (186378)	Indirect
2022-02-27	Class B Common Stock	$	J	8529706	Acquired		Class A Common Stock (8529706)	Indirect
2022-02-27	Class B Common Stock	$	J	2334931	Acquired		Class A Common Stock (2334931)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	5130	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (68270)	615969	Indirect

Footnotes

F1: Represents the conversion of Class B Common Stock to Class A Common Stock in the following amounts: 440,061 shares from SC US GF V Holdings, Ltd. ("US GF V Holdco"), 356,961 shares from Sequoia Capital Global Growth Fund, LP ("GGF"), 12,435 shares from Sequoia Capital Global Growth Principals Fund, LP ("GGF PF"), 4,267,391 shares from Sequoia Capital XII, L.P. ("SC XII"), 227,192 shares from Sequoia Technology Partners XII, L.P. ("STP XII"), 648,925 shares from Sequoia Capital XII Principals Fund, LLC ("SC XII PF").

F2: Includes shares of Class A Common Stock in the following amounts: 781,245 shares held by Sequoia Capital Global Growth Fund II, L.P. ("GGF II"), 14,848 shares held by Sequoia Capital Global Growth II Principals Fund, L.P. ("GGF II PF"), 51,345 shares held by Sequoia Capital U.S. Growth Fund VII, L.P. ("US GF VII"), 6,690 shares held by Sequoia Capital U.S. Growth VII Principals Fund, L.P. ("US GF VII PF"), 440,061 shares held by US GF V Holdco, 356,961 shares held by GGF, 12,435 shares held by GGF PF, 4,267,391 shares held by SC XII, 227,192 shares held by STP XII and 648,925 shares held by SC XII PF.

F3: Represents a distribution of Class A Common Stock of the Issuer to partners or members in the following amounts: 182,451 shares from GGF II, 5,622 shares from GGF II, 20,642 shares from GF VII, 3,837 shares from US GF VII PF, 440,061 shares from US GF V Holdco, 356,961 shares from GGF, 12,435 shares from GGF PF, 4,267,391 shares from SC XII, 227,192 shares from STP XII and 648,925 shares from SC XII PF.

F4: Includes shares of Class A Common Stock in the following amounts: 598,794 shares held by GGF II, 9,226 shares held by GGF II PF, 30,703 shares held by US GF VII and 2,853 shares held by US GF VII PF.

F5: The Reporting Person is a director and stockholder of SC US (TTGP), Ltd., which is: (i) the general partner of SCGF V Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund V, L.P. and Sequoia Capital USGF Principals Fund V, L.P., which together own 100% of the outstanding ordinary shares of US GF V Holdco; (ii) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of US GF VII and US GF VII PF; (iii) the general partner of SCGGF Management, L.P., which is the general partner of each of GGF and GGF PF; and (iv) the general partner of SC Global Growth II Management, L.P., which is the general partner of each GGF II and GGF II PF. The Reporting Person is a member of SC XII Management, LLC, which is the general partner of each of SC XII and STP XII, and the managing member of SC XII PF.

F6: (cont'd) The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

F7: The Reporting Person is a member of Sequoia Grove II, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

F8: The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. is (i) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of each of Sequoia Capital Fund, LP ("SCF") and Sequoia Capital Fund Parallel, LLC ("SCFP"). As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by SCF and SCFP. Each of the reporting persons disclaims beneficial ownership of the shares held by SCF and SCFP, as applicable, except to the extent of hi

F9: Represents the conversion of 79,641 shares of Class B Common Stock of the Issuer to Class A Common Stock.

F10: Represents a distribution of 93,139 shares of Class A Common Stock of the Issuer to partners and members.

F11: Includes shares of Class B Common Stock in the following amounts: 860,812 shares held by GGF II, 13,262 shares held by GGF II PF, 134,433 shares held by US GF VII, 12,496 shares held by US GF VII PF, 3,520,486 shares held by US GF V Holdco, 2,855,694 shares held by GGF, 99,478 shares held by GGF PF, 34,139,124 shares held by SC XII, 1,817,540 shares held by STP XII and 5,191,402 shares held by SC XII PF.

F12: Represents a pro rata distribution of Common Stock of the Issuer to partners or members of the applicable distributing fund for no consideration and includes subsequent distributions by general partners or managing members to their respective partners or members and the contribution by such partners or members to the applicable recipient fund.

F13: Represents the conversion of Class B Common Stock to Class A Common Stock in the following amounts: 880,122 shares from US GF V Holdco, 713,923 shares from GGF, 24,869 shares from GGF PF, 8,534,781 shares from SC XII, 454,385 shares from STP XII, 1,297,850 shares from SC XII PF, 268,866 shares from GGF II, 4,142 shares from GGF II PF, 10,581 shares from US GF VII and 984 shares from US GF VII PF.

F14: Includes shares of Class A Common Stock in the following amounts: 880,122 shares held by US GF V Holdco, 713,923 shares held by GGF, 24,869 shares held by GGF PF, 8,534,781 shares held by SC XII, 454,385 shares held by STP XII, 1,297,850 shares held by SC XII PF, 867,660 shares held by GGF II, 13,368 shares held by GGF II PF, 41,284 shares held by US GF VII and 3,837 shares held by US GF VII PF.

F15: Represents a distribution of Class A Common Stock of the Issuer to partners or members in the following amounts: 880,122 shares from US GF V Holdco, 713,923 shares from GGF, 24,869 shares from GGF PF, 8,534,781 shares from SC XII, 454,385 shares from STP XII, 1,297,850 shares from SC XII PF, 364,902 shares from GGF II, 5,622 shares from GGF II PF, 41,284 shares from US GF VII and 3,837 shares from US GF VII PF.

F16: Includes shares of Class A Common Stock in the following amounts: 502,758 shares held by GGF II and 7,746 shares held by GGF II PF.

F17: Represents the conversion of 186,378 shares of Class B Common Stock of the Issuer to Class A Common Stock.

F18: Represents a distribution of 195,606 shares of Class A Common Stock of the Issuer to partners and members.