Form 4 for GTLB Gitlab Inc.
Accepted 2022-12-29 00:00:00 ET · period of report 2022-12-27 · accession 0000899243-22-039546 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-12-29 | 2022-12-27 | GTLB | Makan Divesh | 10% | S - Sale | $44.65 | -53.7K | 0 | -100% | -$2.40M |
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 | 2022-12-27 | S | D | 34,187 | $44.38 | 19,489 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.00 to $44.995. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. (F2) The shares are held directly by the Reporting Person through a family trust of which he is a trustee and another estate planning trust having an independent trustee. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose. |
| 2 | Common | Class A Common Stock | 2022-12-27 | S | D | 19,489 | $45.12 | 0 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.01 to $45.24. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. (F2) The shares are held directly by the Reporting Person through a family trust of which he is a trustee and another estate planning trust having an independent trustee. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose. |