Form 4 for GTLB Gitlab Inc.

Accepted 2024-06-25 00:00:00 ET · period of report 2024-06-22 · accession 0001628280-24-029923 · 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	2024-06-25	2024-06-22	GTLB	Schulman Robin	CLO, Corp Sec	A - Grant	$0.00	+37.7K	145.3K	+35%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2024-06-22	A	A	18,835	$0.00	126,500	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 will vest as to 1/4 of the total number of RSUs underlying the award on September 15, 2025, and to 1/4 of the total number of RSUs underlying the award on each Quarterly Vesting Date thereafter. Quarterly Vesting Date shall mean each of March 15, June 15, September 15, and December 15.
2	Common	Class A Common Stock	2024-06-22	A	A	18,835	$0.00	145,335	D	—	—	(F2) 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 will vest as to 1/16 of the total number of RSUs underlying the award on September 15, 2024 and to 1/16 of the total number of RSUs underlying the award on each Quarterly Vesting Date thereafter. (F3) Includes shares of Class A Common Stock that have not yet vested. This also includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.