Filing Details
- Accession Number:
- 0001653482-23-000005
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-17 16:58:35
- Reporting Period:
- 2023-08-15
- Accepted Time:
- 2023-08-17 16:58:35
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1653482 | Gitlab Inc. | GTLB | Services-Prepackaged Software (7372) | 471861035 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1886022 | Sytse Sijbrandij | C/O Gitlab Inc. Not Applicable DE | Chief Executive Officer | Yes | Yes | Yes | 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 | 2023-08-15 | 144,293 | $0.00 | 144,293 | No | 4 | C | Indirect | By Trust |
| Class A Common Stock | Disposition | 2023-08-15 | 144,293 | $45.13 | 0 | No | 4 | S | Indirect | By Trust |
| Class A Common Stock | Acquisiton | 2023-08-16 | 10,707 | $0.00 | 10,707 | No | 4 | C | Indirect | By Trust |
| Class A Common Stock | Disposition | 2023-08-16 | 10,607 | $45.57 | 100 | No | 4 | S | Indirect | By Trust |
| Class A Common Stock | Disposition | 2023-08-16 | 100 | $45.98 | 0 | No | 4 | S | Indirect | By Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
| No | 4 | C | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2023-08-15 | 144,293 | $0.00 | 144,293 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2023-08-16 | 10,707 | $0.00 | 10,707 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 21,316,608 | No | 4 | C | Indirect | ||
| 21,305,901 | No | 4 | C | Indirect |
Footnotes
- 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) ten years from the date of the Issuer's initial public offering ("IPO"), (ii) the death or disability of the Reporting Person, (iii) the first date following the completion of the IPO 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.
- These securities are held by the Sytse Sijbrandij Revocable Trust dated February 21, 2019, of which the Reporting Person is the sole trustee.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.70 to $45.58, inclusive. The Reporting Person undertakes to provide to GitLab Inc., any security holder of GitLab Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote 3 and footnote 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.98 to $45.96, inclusive.
Billionaire Hedge Funds
