InsiderTrades

Form 4 for GTLB Gitlab Inc.

Accepted 2023-01-09 00:00:00 ET · period of report 2023-01-05 · accession 0001628280-23-000769 · 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
D 2023-01-09 2023-01-05 GTLB Brown Dale R Principal Accounting Off C - Cnv Deriv $0.00 +894 17.2K +5% $0
D 2023-01-09 2023-01-05 GTLB Brown Dale R Principal Accounting Off S - Sale $41.66 -894 16.3K -5% -$37.2K
DM 2023-01-09 2023-01-05 GTLB Brown Dale R Principal Accounting Off M - OptEx $0.00 0 29.4K New $0
D 2023-01-09 2023-01-05 GTLB Brown Dale R Principal Accounting Off C - Cnv Deriv — -894 0 -100% —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2023-01-05 C A 894 $0.00 17,159 D — — (F1) Each share of the Company's Class B Common Stock is convertible into one share of the Company's Class A Common Stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) ten years from the date of the closing of the Company's initial public offering (the "IPO"), (ii) the death or disability of Sytse Sijbrandij, the chief executive officer of the Company, (iii) the first date following the completion of the IPO on which the number of shares of outstanding Class B Common Stock (including shares of Class B Common Stock subject to outstanding stock options) is less than 5% of the aggregate number of shares of the Company's common stock then outstanding, and (iv) the date specified by a vote of the holders of two-thirds of the then outstanding shares of Class B Common Stock.
2 Common Class A Common Stock 2023-01-05 S D 894 $41.66 16,265 D — — (F3) Includes shares of Class A Common Stock that have not yet vested. The reported total also includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
3 Derivative Stock Option (Right to buy Class B Common Stock) 2023-01-05 M D 769 $0.00 61,157 D $8.90 · — to 2029-10-22 769 Class B Common Stock (F5) The option vested as to 25% of the total shares on October 1, 2020, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.
4 Derivative Class B Common Stock 2023-01-05 C D 894 — 0 D — · — to — 894 Class A Common Stock (F1) Each share of the Company's Class B Common Stock is convertible into one share of the Company's Class A Common Stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) ten years from the date of the closing of the Company's initial public offering (the "IPO"), (ii) the death or disability of Sytse Sijbrandij, the chief executive officer of the Company, (iii) the first date following the completion of the IPO on which the number of shares of outstanding Class B Common Stock (including shares of Class B Common Stock subject to outstanding stock options) is less than 5% of the aggregate number of shares of the Company's common stock then outstanding, and (iv) the date specified by a vote of the holders of two-thirds of the then outstanding shares of Class B Common Stock.
5 Derivative Class B Common Stock 2023-01-05 M A 769 — 894 D $8.90 · — to — 769 Class A Common Stock (F1) Each share of the Company's Class B Common Stock is convertible into one share of the Company's Class A Common Stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) ten years from the date of the closing of the Company's initial public offering (the "IPO"), (ii) the death or disability of Sytse Sijbrandij, the chief executive officer of the Company, (iii) the first date following the completion of the IPO on which the number of shares of outstanding Class B Common Stock (including shares of Class B Common Stock subject to outstanding stock options) is less than 5% of the aggregate number of shares of the Company's common stock then outstanding, and (iv) the date specified by a vote of the holders of two-thirds of the then outstanding shares of Class B Common Stock.
6 Derivative Class B Common Stock 2023-01-05 M A 125 — 125 D $17.82 · — to — 125 Class A Common Stock (F1) Each share of the Company's Class B Common Stock is convertible into one share of the Company's Class A Common Stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) ten years from the date of the closing of the Company's initial public offering (the "IPO"), (ii) the death or disability of Sytse Sijbrandij, the chief executive officer of the Company, (iii) the first date following the completion of the IPO on which the number of shares of outstanding Class B Common Stock (including shares of Class B Common Stock subject to outstanding stock options) is less than 5% of the aggregate number of shares of the Company's common stock then outstanding, and (iv) the date specified by a vote of the holders of two-thirds of the then outstanding shares of Class B Common Stock.
7 Derivative Stock Option (Right to buy Class B Common Stock) 2023-01-05 M D 125 $0.00 29,375 D $17.82 · — to 2031-03-17 125 Class B Common Stock (F4) The option will vest as to 25% of the total shares on March 18, 2022, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.