Quick Takeaways
- This page summarizes Michael Eugene McBride's Form 4 filing for Gitlab Inc. (GTLB).
- 2 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 05 Oct 2022, 20:55.
Michael Eugene McBride - 03 Oct 2022 Form 4 Insider Report for Gitlab Inc. (GTLB)
- Signature
- /s/ Robin Schulman, Attorney-in-Fact for Michael Eugene McBride
- Issuer symbol
- GTLB
- Transactions as of
- 03 Oct 2022
- Net transactions value
- -$352,736
- Form type
- 4
- Filing time
- 05 Oct 2022, 20:55:53 UTC
- Previous filing
- 20 Sep 2022
- Next filing
- 03 Nov 2022
- SEC
- View on sec.gov
Quoteable Key Fact
"Michael Eugene McBride filed Form 4 for Gitlab Inc. (GTLB) on 05 Oct 2022."
What Changed
- Previous filing in this sequence was filed on 20 Sep 2022.
- Current net transaction value: -$352,736.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GTLB | Class A Common Stock | Gift | $0 | -896,506 | -94% | $0.000000 | 58,736 | 05 Oct 2022 | Direct | F1 |
| transaction | GTLB | Class A Common Stock | Sale | $352,736 | -6,832 | -0.76% | $51.63 | 889,674 | 03 Oct 2022 | McBride Family Trust | F2, F3, F4 |
| holding | GTLB | Class A Common Stock | 896,506 | 03 Oct 2022 | McBride Family Trust |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | On October 5, 2022, the reporting person transferred 896,506 shares of the Issuer's Class A Common Stock to the McBride Family Trust, of which the reporting person is a trustee. |
| F2 | This transaction was executed pursuant to a trading plan entered into by the reporting person on June 30, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
| F3 | Represents shares sold received upon settlement of shares transferred on October 5, 2022, which is described further in Footnote 1 of this Form 4. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.67 to $52.54, 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 range set forth in this footnote. |