Gv 2021 Gp, L.L.C. - May 3, 2023 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 3, 2023
Transactions value $
$19,473,993
Form type
4
Date filed
5/5/2023, 04:44 PM
Previous filing
Mar 15, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Purchase $8.13M +287K +14.87% $28.30 2.22M May 3, 2023 By GV 2021, L.P. F1, F2
transaction GTLB Class A Common Stock Purchase $650K +22.5K +1.01% $28.95 2.24M May 3, 2023 By GV 2021, L.P. F2, F3
transaction GTLB Class A Common Stock Purchase $8.09M +302K +13.48% $26.75 2.55M May 4, 2023 By GV 2021, L.P. F2, F4
transaction GTLB Class A Common Stock Purchase $2.54M +91.7K +3.6% $27.65 2.64M May 4, 2023 By GV 2021, L.P. F2, F5
transaction GTLB Class A Common Stock Purchase $61.3K +2.17K +0.08% $28.26 2.64M May 4, 2023 By 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 $27.82 to $28.81, 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 this footnote 1 and in footnotes 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 $28.82 to $29.00, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.25 to $27.2498, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $27.25 to $28.2447, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.2505 to $28.26, inclusive.