Form 4 for GTLB Gitlab Inc.
Accepted 2022-01-04 00:00:00 ET · period of report 2021-12-30 · accession 0001653482-22-000002 · 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 | 2022-01-04 | 2021-12-30 | GTLB | ROBINS BRIAN G | CFO | C - Cnv Deriv | — | +400.0K | 400.0K | New | — |
| DI | 2022-01-04 | 2021-12-30 | GTLB | ROBINS BRIAN G | CFO | C - Cnv Deriv | — | +100.0K | 100.0K | New | — |
| DI | 2022-01-04 | 2021-12-30 | GTLB | ROBINS BRIAN G | CFO | C - Cnv Deriv | $0.00 | -100.0K | 0 | -100% | $0 |
| D | 2022-01-04 | 2021-12-30 | GTLB | ROBINS BRIAN G | CFO | C - Cnv Deriv | $0.00 | -400.0K | 0 | -100% | $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 | 2021-12-30 | C | A | 400,000 | — | 400,000 | D See Footnote | — | — | (F1) Each share of the Issuer's Class B Common Stock is convertible into one share of Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers. On the date set forth in the table above, the reporting person converted all of his Class B Common Stock into Class A Common Stock. (F3) These securities are held directly by The Robins Family Trust. |
| 2 | Common | Class A Common Stock | 2021-12-30 | C | A | 100,000 | — | 100,000 | I | — | — | (F2) Each share of the Issuer's Class B Common Stock is convertible into one share of Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers. On the date set forth in the table above, the reporting person, as trustee of The Robins Family Trust, converted all shares of Class B Common Stock owned by the trust into Class A Common Stock. |
| 3 | Derivative | Class B Common Stock | 2021-12-30 | C | D | 100,000 | $0.00 | 0 | I | — · — to — | 100,000 Class A Common Stock | (F2) Each share of the Issuer's Class B Common Stock is convertible into one share of Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers. On the date set forth in the table above, the reporting person, as trustee of The Robins Family Trust, converted all shares of Class B Common Stock owned by the trust into Class A Common Stock. (F4) A holder's shares of the Issuer's Class B Common Stock convert automatically upon certain transfers. Additionally, all of the Issuer's Class B Common Stock will convert automatically upon the earliest of: (i) ten years from the date of the Issuer's initial public offering (the "IPO"); (ii) the death or disability of Sytse Sijbrandij; (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 Issuer'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. |
| 4 | Derivative | Class B Common Stock | 2021-12-30 | C | D | 400,000 | $0.00 | 0 | D See footnote | — · — to — | 400,000 Class A Common Stock | (F3) These securities are held directly by The Robins Family Trust. (F1) Each share of the Issuer's Class B Common Stock is convertible into one share of Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers. On the date set forth in the table above, the reporting person converted all of his Class B Common Stock into Class A Common Stock. (F4) A holder's shares of the Issuer's Class B Common Stock convert automatically upon certain transfers. Additionally, all of the Issuer's Class B Common Stock will convert automatically upon the earliest of: (i) ten years from the date of the Issuer's initial public offering (the "IPO"); (ii) the death or disability of Sytse Sijbrandij; (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 Issuer'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. |