Filing Details

Accession Number:
0001628280-23-001719
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-30 16:13:32
Reporting Period:
2023-01-26
Accepted Time:
2023-01-30 16:13:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1653482 Gitlab Inc. GTLB () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1301262 R Dale Brown C/O Gitlab Inc.
Not Applicable DE
Principal Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-01-26 2,680 $0.00 18,945 No 4 C Direct
Class A Common Stock Disposition 2023-01-26 2,680 $50.00 16,265 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (Right to buy Class B Common Stock) Disposition 2023-01-26 375 $0.00 375 $17.82
Class B Common Stock Stock Option (Right to buy Class B Common Stock) Disposition 2023-01-26 2,305 $0.00 2,305 $8.90
Class A Common Stock Class B Common Stock Acquisiton 2023-01-26 375 $0.00 375 $17.82
Class A Common Stock Class B Common Stock Acquisiton 2023-01-26 2,305 $0.00 2,305 $8.90
Class A Common Stock Class B Common Stock Disposition 2023-01-26 2,680 $0.00 2,680 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
29,000 2031-03-17 No 4 M Direct
58,852 2029-10-22 No 4 M Direct
375 No 4 M Direct
2,680 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. Each share of the Company's Class B Common Stock is convertible into one share of the Company's Class A Common Stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) ten years from the date of the closing of the Company's initial public offering (the "IPO"), (ii) the death or disability of Sytse Sijbrandij, the chief executive officer of the Company, (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 Company'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.
  2. The option exercises and sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on December 23, 2021 and amended on June 29, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  3. Includes shares of Class A Common Stock that have not yet vested. The reported total also includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
  4. The option will vest as to 25% of the total shares on March 18, 2022, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.
  5. The option vested as to 25% of the total shares on October 1, 2020, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.