Form 4 for GTLB Gitlab Inc.
Accepted 2025-04-14 00:00:00 ET · period of report 2025-04-10 · accession 0001628280-25-017730 · 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 | 2025-04-14 | 2025-04-10 | GTLB | Farmer Sabrina | CTO | A - Grant | $0.00 | +50.6K | 262.3K | +24% | $0 |
| D | 2025-04-14 | 2025-04-10 | GTLB | Farmer Sabrina | CTO | A - Grant | $0.00 | +33.7K | 33.7K | 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 | 2025-04-10 | A | A | 50,588 | $0.00 | 262,318 | D | — | — | (F1) The RSUs will vest as to 1/16 of the total number of RSUs underlying the award on each Quarterly Vesting Date, commencing on June 15, 2025. "Quarterly Vesting Date" shall mean each of March 15, June 15, September 15 and December 15 in a calendar year. (F2) Includes shares of Class A Common Stock that have not yet vested. |
| 2 | Derivative | Performance Stock Units | 2025-04-10 | A | A | 33,725 | $0.00 | 33,725 | D | — · — to — | 33,725 Class A Common Stock | (F4) The number of PSUs in this column represents the number of shares of Class A Common Stock the reporting person will receive assuming achievement at the "target" level of the corporate performance metrics set by the Company's Board of Directors for this award. (F3) Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A Common Stock, subject to the achievement of certain performance criteria and the reporting person's continued service to the Company on each applicable vesting date following such achievement. (F5) Once the performance criteria have been achieved, 1/3 of the award will vest on the first Quarterly Vesting Date following certification, and the remainder of the award will vest in equal installments of 1/12 of the total number of shares underlying the award on Quarterly Vesting Dates thereafter. (F6) If the performance criteria are not achieved, the portion of the award which was capable of vesting on that date will expire. |