Matthew Jacobson - 18 Oct 2021 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role
Director, 10%+ Owner
Signature
/s/ Matthew Jacobson
Issuer symbol
GTLB
Transactions as of
18 Oct 2021
Net transactions value
+$50,057,700
Form type
4
Filing time
18 Oct 2021, 21:35:40 UTC
Previous filing
13 Oct 2021
Next filing
16 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Purchase $9,963,800 +129,400 $77.00 129,400 18 Oct 2021 By ICONIQ Strategic Partners V, L.P. F1, F2, F10, F11, F12
transaction GTLB Class A Common Stock Purchase $15,065,050 +195,650 $77.00 195,650 18 Oct 2021 By ICONIQ Strategic Partners V-B, L.P. F1, F3, F10, F11, F12
transaction GTLB Class A Common Stock Purchase $11,134,046 +144,598 $77.00 144,598 18 Oct 2021 By ICONIQ Strategic Partners VI, L.P. F1, F4, F10, F11, F12
transaction GTLB Class A Common Stock Purchase $13,894,804 +180,452 $77.00 180,452 18 Oct 2021 By ICONIQ Strategic Partners VI-B, L.P. F1, F5, F10, F11, F12
holding GTLB Class A Common Stock 556,335 18 Oct 2021 By ICONIQ Strategic Partners III, L.P. F6, F10, F11, F12
holding GTLB Class A Common Stock 594,449 18 Oct 2021 By ICONIQ Strategic Partners III-B, L.P. F7, F10, F11, F12

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GTLB Series D Preferred Stock Conversion of derivative security $0 -4,139,080 -100% $0.000000* 0 18 Oct 2021 Class B Common Stock 4,139,080 By ICONIQ Strategic Partners III, L.P. F6, F10, F11, F12, F13
transaction GTLB Series D Preferred Stock Conversion of derivative security $0 -4,422,660 -100% $0.000000* 0 18 Oct 2021 Class B Common Stock 4,422,660 By ICONIQ Strategic Partners III-B, L.P. F7, F10, F11, F12, F13
transaction GTLB Series E Preferred Stock Conversion of derivative security $0 -440,724 -100% $0.000000* 0 18 Oct 2021 Class B Common Stock 440,724 By ICONIQ Strategic Partners III, L.P. F6, F10, F11, F12, F13
transaction GTLB Series E Preferred Stock Conversion of derivative security $0 -470,918 -100% $0.000000* 0 18 Oct 2021 Class B Common Stock 470,918 By ICONIQ Strategic Partners III-B, L.P. F7, F10, F11, F12, F13
transaction GTLB Series E Preferred Stock Conversion of derivative security $0 -686,248 -100% $0.000000* 0 18 Oct 2021 Class B Common Stock 686,248 By ICONIQ Strategic Partners IV, L.P. F8, F10, F11, F12, F13
transaction GTLB Series E Preferred Stock Conversion of derivative security $0 -1,137,036 -100% $0.000000* 0 18 Oct 2021 Class B Common Stock 1,137,036 By ICONIQ Strategic Partners IV-B, L.P. F9, F10, F11, F12, F13
transaction GTLB Class B Common Stock Conversion of derivative security $0 +4,579,804 +495% $0.000000 5,504,195 18 Oct 2021 Class A Common Stock 4,579,804 By ICONIQ Strategic Partners III, L.P. F6, F10, F11, F12, F13, F14
transaction GTLB Class B Common Stock Conversion of derivative security $0 +4,893,578 +495% $0.000000 5,881,302 18 Oct 2021 Class A Common Stock 4,893,578 By ICONIQ Strategic Partners III-B, L.P. F7, F10, F11, F12, F13, F14
transaction GTLB Class B Common Stock Conversion of derivative security $0 +686,248 +99% $0.000000 1,382,283 18 Oct 2021 Class A Common Stock 686,248 By ICONIQ Strategic Partners IV, L.P. F8, F10, F11, F12, F13, F14
transaction GTLB Class B Common Stock Conversion of derivative security $0 +1,137,036 +99% $0.000000 2,290,287 18 Oct 2021 Class A Common Stock 1,137,036 By ICONIQ Strategic Partners IV-B, L.P. F9, F10, F11, F12, F13, F14
holding GTLB Class B Common Stock 163,011 18 Oct 2021 Class A Common Stock 163,011 By ICONIQ Strategic Partners V, L.P. F2, F10, F11, F12, F14
holding GTLB Class B Common Stock 251,126 18 Oct 2021 Class A Common Stock 251,126 By ICONIQ Strategic Partners V-B, L.P. F3, F10, F11, F12, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased from the underwriters at the closing of the Issuer's initial public offering ("IPO").
F2 The shares are held by ICONIQ Strategic Partners V, L.P. ("ICONIQ V").
F3 The shares are held by ICONIQ Strategic Partners V-B, L.P. ("ICONIQ V-B").
F4 The shares are held by ICONIQ Strategic Partners VI, L.P. ("ICONIQ VI").
F5 The shares are held by ICONIQ Strategic Partners VI-B, L.P. ("ICONIQ VI-B").
F6 The shares are held by ICONIQ Strategic Partners III, L.P. ("ICONIQ III").
F7 The shares are held by ICONIQ Strategic Partners III-B, L.P. ("ICONIQ III-B").
F8 The shares are held by ICONIQ Strategic Partners IV, L.P. ("ICONIQ IV").
F9 The shares are held by ICONIQ Strategic Partners IV-B, L.P. ("ICONIQ IV-B").
F10 ICONIQ Strategic Partners III GP, L.P. ("ICONIQ III GP") is the sole general partner of each of ICONIQ III and ICONIQ III-B. ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ III Parent GP") is the sole general partner of ICONIQ III GP. ICONIQ Strategic Partners IV GP, L.P. ("ICONIQ IV GP") is the sole general partner of each of ICONIQ IV and ICONIQ IV-B. ICONIQ Strategic Partners IV TT GP, Ltd. ("ICONIQ IV Parent GP") is the sole general partner of ICONIQ IV GP.
F11 (Continued form Footnote 10) ICONIQ Strategic Partners V GP, L.P. ("ICONIQ V GP") is the sole general partner of each of ICONIQ V and ICONIQ V-B. ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ V Parent GP") is the sole general partner of ICONIQ V GP. ICONIQ Strategic Partners VI GP, L.P. ("ICONIQ VI GP") is the sole general partner of each of ICONIQ VI and ICONIQ VI-B. ICONIQ Strategic Partners VI TT GP, Ltd. ("ICONIQ VI Parent GP") is the sole general partner of ICONIQ VI GP. Divesh Makan ("Makan") and William J.G. Griffith ("Griffith") are the sole equity holders of ICONIQ III Parent GP. Makan, Griffith and Matthew Jacobson ("Jacobson") are the sole equity holders of each of ICONIQ IV Parent GP, ICONIQ V Parent GP and ICONIQ VI Parent GP.
F12 The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F13 Each share of Series D Preferred Stock and Series E Preferred Stock (together, the "Preferred Stock") automatically converted into one share of Class B Stock immediately prior to the closing of the IPO. The Preferred Stock had no expiration date.
F14 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 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.