Dale R. Brown - Oct 13, 2021 Form 3 Insider Report for Gitlab Inc. (GTLB)

Role
Principal Accounting Officer
Signature
/s/ Robin Schulman, Attorney-in-Fact for Dale R. Brown
Stock symbol
GTLB
Transactions as of
Oct 13, 2021
Transactions value $
$0
Form type
3
Date filed
10/13/2021, 07:21 PM
Next filing
Mar 24, 2022

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
holding GTLB Stock Option (Right to buy Class B Common Stock) Oct 13, 2021 Class B Common Stock 65K $8.90 Direct F1
holding GTLB Stock Option (Right to buy Class B Common Stock) Oct 13, 2021 Class B Common Stock 30K $17.82 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.

Remarks:

Exhibit 24.1 - Power of Attorney