Filing Details
- Accession Number:
- 0001628280-24-013833
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-29 18:11:22
- Reporting Period:
- 2024-03-27
- Accepted Time:
- 2024-03-29 18:11:22
- 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 |
|---|---|---|---|---|---|---|---|
| 1886025 | Sundeep Bedi | C/O Gitlab Inc. Not Applicable DE | Yes | No | 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 | 2024-03-27 | 9,000 | $0.00 | 17,369 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2024-03-27 | 5,000 | $58.65 | 12,369 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-03-27 | 4,000 | $58.63 | 8,369 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | 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 | 2024-03-27 | 9,000 | $0.00 | 9,000 | $26.64 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2024-03-27 | 9,000 | $0.00 | 9,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2024-03-27 | 9,000 | $0.00 | 9,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 27,000 | 2031-09-02 | No | 4 | M | Direct | |
| 9,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct |
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 Sytse Sijbrandij, (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.
- Includes shares of Class A Common Stock that have not yet vested.
- The option vested or vests as to 25% of the total shares on August 31, 2022, and 1/48 of the total shares 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.
Billionaire Hedge Funds
