Gv 2021 Gp, L.L.C. - May 10, 2022 Form 4 Insider Report for Gitlab Inc. (GTLB)

Signature
/s/ Inga Goldbard, General Counsel of GV 2021 GP, L.L.C.
Stock symbol
GTLB
Transactions as of
May 10, 2022
Transactions value $
$11,500,717
Form type
4
Date filed
5/12/2022, 06:44 PM
Previous filing
May 12, 2022
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Purchase $2.77M +82.1K +36.62% $33.72 306K May 10, 2022 GV 2021, L.P. F1, F2
transaction GTLB Class A Common Stock Purchase $2.67M +77.4K +25.28% $34.46 383K May 10, 2022 GV 2021, L.P. F2, F3
transaction GTLB Class A Common Stock Purchase $2.85M +80.5K +20.99% $35.41 464K May 10, 2022 GV 2021, L.P. F2, F4
transaction GTLB Class A Common Stock Purchase $567K +15.5K +3.34% $36.57 479K May 10, 2022 GV 2021, L.P. F2, F5
transaction GTLB Class A Common Stock Purchase $7.4K +200 +0.04% $37.00 480K May 10, 2022 GV 2021, L.P. F2
transaction GTLB Class A Common Stock Purchase $2.64M +76.1K +15.87% $34.71 556K May 11, 2022 GV 2021, L.P. F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.00 to $33.995, inclusive. The reporting persons undertake 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 footnotes 1 and 3 through 6 of this Form 4.
F2 The securities reported in this row are directly beneficially owned by GV 2021, L.P. (the "Partnership"). GV 2021 GP, L.P. (the "GP") is the general partner of the Partnership. GV 2021 GP, L.L.C. ("GV 2021 LLC") is the general partner of the GP. Alphabet Holdings LLC ("Alphabet Holdings") is the sole member of GV 2021 LLC. XXVI Holdings Inc. ("XXVI") is the sole member of Alphabet Holdings. Alphabet Inc. is the controlling stockholder of XXVI. Each of the GP, GV 2021 LLC, Alphabet Holdings, XXVI and Alphabet Inc. may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 of the Securities Exchange Act of 1934, as amended) the securities directly beneficially owned by the Partnership. Each of the GP, GV 2021 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.00 to $34.995, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $35.00 to $35.99, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $36.00 to $36.99, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.35 to $35.00, inclusive.