Form 4 for GTLB Gitlab Inc.
Accepted 2022-06-22 00:00:00 ET · period of report 2022-06-17 · accession 0001653482-22-000035 · 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 | 2022-06-22 | 2022-06-17 | GTLB | Schulman Robin | CLO, Corp Sec | A - Grant | $0.00 | +24.7K | 55.9K | +79% | $0 |
| D | 2022-06-22 | 2022-06-17 | GTLB | Schulman Robin | CLO, Corp Sec | A - Grant | $0.00 | +37.1K | 37.1K | 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 | 2022-06-17 | A | A | 24,712 | $0.00 | 55,947 | 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, vesting quarterly from the date of grant. (F2) Includes shares of Class A Common Stock that have not yet vested. |
| 2 | Derivative | Performance Stock Units | 2022-06-17 | A | A | 37,069 | $0.00 | 37,069 | D | — · — to — | 37,069 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, the award shall vest in four equal quarterly installments thereafter. (F6) If the performance criteria are not achieved, the portion of the award which was capable of vesting on that date will expire. |