Form 4 for GTLB Gitlab Inc.
Accepted 2024-04-01 00:00:00 ET · period of report 2024-03-28 · accession 0001628280-24-014200 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | 2024-03-28 | GTLB | Farmer Sabrina | CTO | A - Grant | $0.00 | +223.2K | 223.2K | New | $0 |
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 | 2024-03-28 | A | A | 223,168 | $0.00 | 223,168 | D | — | — | (F1) Represents a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable vesting date. The RSUs shall be satisfied over a four-year period, as follows: (a) 15.5% of the grant to vest on September 15, 2024; (b) 7.75% of the grant to vest on each of December 15, 2024 and March 15, 2025; and (c) for each quarter starting June 15, 2025, the grant will vest 5.75% per quarter thereafter. (F2) Includes shares of Class A Common Stock that have not yet vested. |