Howard Hartenbaum - Aug 25, 2022 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role
10%+ Owner
Signature
/s/ Abigail Hipps, Attorney-in-Fact for Howard Hartenbaum
Stock symbol
GTLB
Transactions as of
Aug 25, 2022
Transactions value $
-$1,192,660
Form type
4
Date filed
8/29/2022, 04:32 PM
Previous filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A common stock Sale -$1.11M -17.1K -10.16% $64.58 151K Aug 25, 2022 Direct F1
transaction GTLB Class A common stock Sale -$87.5K -1.34K -0.89% $65.30 150K Aug 25, 2022 Direct F2
holding GTLB Class A common stock 8.87M Aug 25, 2022 See footnote F3
* 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 sold in multiple transactions at prices ranging from $64.09 to $65.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.25 to $65.32, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 These securities are held by August Capital VII, L.P., for itself and as nominee for August Capital Strategic Partners VII, L.P. (collectively, the "August Capital VII Funds"). August Capital Management VII, L.L.C. ("ACM VII") is the general partner of the August Capital VII Funds and may be deemed to have sole voting power and sole investment power over the shares held by the August Capital VII Funds. Howard Hartenbaum, David Hornik and W. Eric Carlborg are members of ACM VII and may be deemed to have shared voting and investment power with respect to the shares held by the August Capital VII Funds.