Filing Details
- Accession Number:
- 0001628280-25-000388
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-03 17:56:44
- Reporting Period:
- 2025-01-02
- Accepted Time:
- 2025-01-03 17:56:44
- 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 |
---|---|---|---|---|---|---|---|
1627835 | Robin Schulman | C/O Gitlab Inc. Not Applicable DE | Chief Legal Officer & Corp Sec | 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 | Disposition | 2025-01-02 | 7,330 | $56.98 | 121,893 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2025-01-03 | 9,251 | $0.00 | 131,144 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2025-01-03 | 9,251 | $60.00 | 121,893 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
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 | 2025-01-03 | 9,251 | $0.00 | 9,251 | $8.90 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2025-01-03 | 9,251 | $0.00 | 9,251 | $8.90 |
Class A Common Stock | Class B Common Stock | Disposition | 2025-01-03 | 9,251 | $0.00 | 9,251 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
37,004 | 2029-12-01 | No | 4 | M | Direct | |
9,251 | No | 4 | M | Direct | ||
0 | No | 4 | C | Direct |
Footnotes
- The option exercises and sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on October 1, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- 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.
- 25% of the total option award vested on December 2, 2020, and the remainder vested or vests as to 1/48 of the total award monthly on the 2nd, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option award also includes an early exercise feature, whereby unvested options may be early exercised at any time.