Form 4 for GTLB Gitlab Inc.
Accepted 2022-03-01 00:00:00 ET · period of report 2022-02-25 · accession 0001653482-22-000013 · 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 | 2022-03-01 | 2022-02-25 | GTLB | Johnson Eric David | CTO | C - Cnv Deriv | $0.00 | +24.2K | 24.2K | New | $0 |
| DM | 2022-03-01 | 2022-02-25 | GTLB | Johnson Eric David | CTO | M - OptEx | $0.325 | 0 | 24.2K | New | $0 |
| D | 2022-03-01 | 2022-02-25 | GTLB | Johnson Eric David | CTO | C - Cnv Deriv | $0.00 | -24.2K | 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 | 2022-02-25 | C | A | 24,180 | $0.00 | 24,180 | D | — | — | |
| 2 | Derivative | Stock Option (Right to buy Class B Common Stock) | 2022-02-25 | M | D | 24,180 | $0.00 | 493,724 | D | $0.65 · — to 2027-11-12 | 24,180 Class B Common Stock | (F1) The option is fully vested. |
| 3 | Derivative | Class B Common Stock | 2022-02-25 | M | A | 24,180 | $0.65 | 24,180 | D | — · — to — | 24,180 Class A Common Stock | (F2) Each share of the Issuer's Class B common stock (the "Class B Stock") is convertible into one share of the Issuer's Class A common stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) October 13, 2031, (ii) the death or disability of Sytse Sijbrandij, (iii) the first date after October 13, 2021, on which the number of shares of outstanding Class B Stock (including shares of Class B 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 Stock. No cash or other consideration is payable in connection with conversion. |
| 4 | Derivative | Class B Common Stock | 2022-02-25 | C | D | 24,180 | $0.00 | 0 | D | — · — to — | 24,180 Class A Common Stock | (F2) Each share of the Issuer's Class B common stock (the "Class B Stock") is convertible into one share of the Issuer's Class A common stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) October 13, 2031, (ii) the death or disability of Sytse Sijbrandij, (iii) the first date after October 13, 2021, on which the number of shares of outstanding Class B Stock (including shares of Class B 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 Stock. No cash or other consideration is payable in connection with conversion. |