11/13/2024 | Press release | Distributed by Public on 11/13/2024 17:28
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Class B Common Stock | (1) | 11/11/2024 | C | 50,000 | (1) | (1) | Class A Common Stock | 50,000 | $ 0 | 57,283,079 | D | ||||
Class B Common Stock | (1) | (1) | (1) | Class A Common Stock | 35,254 | 35,254 | I | By 2019 Trust | |||||||
Class B Common Stock | (1) | (1) | (1) | Class A Common Stock | 63,655 | 63,655 | I | By 2016 Legacy Trust | |||||||
Class B Common Stock | (1) | (1) | (1) | Class A Common Stock | 156,131 | 156,131 | I | By 2016 Legacy Trust B | |||||||
Class B Common Stock | (1) | (1) | (1) | Class A Common Stock | 15,266 | 15,266 | I | By 2016 Long-Term Trust | |||||||
Class B Common Stock | (1) | (1) | (1) | Class A Common Stock | 251,886 | 251,886 | I | By 2019 Trust A | |||||||
Class B Common Stock | (1) | (1) | (1) | Class A Common Stock | 143,869 | 143,869 | I | By 2021 GRAT B | |||||||
Class B Common Stock | (1) | (1) | (1) | Class A Common Stock | 2,500,000 | 2,500,000 | I | By 2024 GRAT A | |||||||
Class B Common Stock | (1) | (1) | (1) | Class A Common Stock | 2,500,000 | 2,500,000 | I | By 2024 GRAT B |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Chesky Brian 888 BRANNAN STREET SAN FRANCISCO, CA 94103 |
X | X | CEO and Chairman |
/s/ Brian Savage, Attorney-in-fact | 11/13/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 1. 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. |