Sec Form 13G Filing - Blecharczyk Nathan filing for Airbnb Inc. (ABNB) - 2024-02-13

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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United States

Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)*

 

 

Airbnb, Inc.

(Name of Issuer)

Class A Common Stock, $0.0001 par value per share

(Title of Class of Securities)

009066101

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 009066101    Schedule 13G    Page 1 of 7

 

 1   

Names of Reporting Persons

 

Nathan Blecharczyk

 2   

Check the Appropriate Box if a Member of a Group

(a) ☒  (b) ☐

 

 3   

SEC Use Only

 

 4   

Citizenship or Place of Organization

 

United States

Number of  Shares Beneficially  Owned by Each Reporting Person

With

    5   

Sole Voting Power

 

58,224,127

    6   

Shared Voting Power

 

0

    7   

Sole Dispositive Power

 

58,224,127

    8   

Shared Dispositive Power

 

0

 9   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

58,224,127

10   

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11   

Percent of Class Represented by Amount in Row 9

 

11.8%

12   

Type of Reporting Person

 

IN


CUSIP No. 009066101    Schedule 13G    Page 2 of 7

 

 1   

Names of Reporting Persons

 

Gioacchino Curiale

 2   

Check the Appropriate Box if a Member of a Group

(a) ☒  (b) ☐

 

 3   

SEC Use Only

 

 4   

Citizenship or Place of Organization

 

United States

Number of  Shares Beneficially  Owned by Each Reporting Person

With

    5   

Sole Voting Power

 

4,960,220

    6   

Shared Voting Power

 

0

    7   

Sole Dispositive Power

 

4,960,220

    8   

Shared Dispositive Power

 

0

 9   

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,960,220

10   

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

Not Applicable

11   

Percent of Class Represented by Amount in Row 9

 

1.1%

12   

Type of Reporting Person

 

IN


CUSIP No. 009066101    Schedule 13G    Page 3 of 7

 

ITEM 1.    (a)    Name of Issuer:
     

Airbnb, Inc. (the “Issuer”).

   (b)    Address of Issuer’s Principal Executive Offices:
     

888 Brannan Street, San Francisco, California 94103

ITEM 2.    (a)    Name of Person Filing:
     

This statement is filed on behalf of Nathan Blecharczyk and Gioacchino Curiale (each a “Reporting Person” and collectively, the “Reporting Persons”).

   (b)    Address or Principal Business Office:
     

The business address of each Reporting Person is 888 Brannan Street, San Francisco, California 94103.

   (c)    Citizenship of each Reporting Person is:
     

Each of the Reporting Persons is a citizen of the United States.

   (d)    Title of Class of Securities:
     

Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”).

   (e)    CUSIP Number:
     

009066101

ITEM 3.      

Not applicable.


CUSIP No. 009066101    Schedule 13G    Page 4 of 7

 

ITEM 4.

Ownership.

(a)-(c)

The ownership information below represents beneficial ownership of Class A Common Stock of the Issuer as of December 31, 2023, based upon 436,433,031 shares of Class A Common Stock, which consists of (i) 435,555,969 shares of Class A Common Stock outstanding as of November 10, 2023 and (ii) 877,062 shares of Class A Common Stock issued pursuant to an agreement and plan of merger on November 14, 2023, as disclosed in the Issuer’s Prospectus on Form 424B7 filed with the Securities and Exchange Commission on November 14, 2023. The information below assumes the conversion of the Class B common stock, par value $0.0001 per share (“Class B Common Stock”) of the Issuer held by the Reporting Person into shares of Class A Common Stock of the Issuer on a one-to-one basis.

Reporting Person   

Amount

beneficially 

owned

    

Percent

of class:

   

Sole power
to vote or

to direct

the vote:

     Shared
power to
vote or to
direct the
vote:
    

Sole power
to dispose

or to direct
the
disposition

of:

    

Shared

power to

dispose or

to direct

the

disposition

of:

 

Nathan Blecharczyk

     58,224,127        11.8     58,224,127        0        58,224,127        0  

Gioacchino Curiale

     4,960,220        1.1     4,960,220        0        4,960,220        0  

Nathan Blecharczyk is deemed to be the beneficial owner of 58,224,127 shares of Class A Common Stock, which includes: (i) 558,307 shares of Class A Common Stock held of record by Mr. Blecharczyk, (ii) 22,252 shares of Class A Common Stock issuable to Mr. Blecharczyk upon vesting of restricted stock units that will vest within 60 days of December 31, 2023, (iii) 5,611 shares of Class A Common Stock held of record by a trust over which Mr. Blecharczyk has investment discretion; (iv) 57,105,633 shares of Class A Common Stock issuable upon conversion of 57,105,633 shares of Class B Common Stock held in trusts over which Mr. Blecharczyk has investment discretion; and (v) 532,324 shares of Class A Common Stock subject to stock options held by Mr. Blecharczyk that are exercisable on or within 60 days of December 31, 2023.

Gioacchino Curiale is deemed to be the beneficial owner of 4,960,220 shares of Class A Common Stock issuable upon conversion of 4,960,220 shares of Class B Common Stock held in trusts for the benefit of Mr. Blecharczyk’s family for which he serves as the trustee.

 

ITEM 5.

Ownership of Five Percent or Less of a Class.

Not applicable.

 

ITEM 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.


CUSIP No. 009066101    Schedule 13G    Page 5 of 7

 

ITEM 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

 

ITEM 8.

Identification and Classification of Members of the Group.

Pursuant to the Voting Agreement, dated as of December 4, 2020, by and among the Reporting Persons, Brian Chesky, Joseph Gebbia, and certain affiliated trusts and entities described therein (the “Voting Agreement”), the parties to the Voting Agreement may be deemed to constitute a group for purposes of Rule 13d-3 under the Securities and Exchange Act of 1934, as amended. The Reporting Persons disclaim beneficial ownership of the securities beneficially owned by the other parties to the Voting Agreement.

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

Not applicable.


CUSIP No. 009066101    Schedule 13G    Page 6 of 7

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 13, 2024

 

Nathan Blecharczyk

/s/ Nathan Blecharczyk

Gioacchino Curiale

/s/ Gioacchino Curiale


CUSIP No. 009066101    Schedule 13G    Page 7 of 7

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99    Joint Filing Agreement (previously filed).