Michael Eugene McBride - Oct 3, 2022 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role
Chief Revenue Officer
Signature
/s/ Robin Schulman, Attorney-in-Fact for Michael Eugene McBride
Stock symbol
GTLB
Transactions as of
Oct 3, 2022
Transactions value $
-$352,736
Form type
4
Date filed
10/5/2022, 08:55 PM
Previous filing
Sep 20, 2022
Next filing
Nov 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Gift $0 -897K -93.85% $0.00 58.7K Oct 5, 2022 Direct F1
transaction GTLB Class A Common Stock Sale -$353K -6.83K -0.76% $51.63 890K Oct 3, 2022 McBride Family Trust F2, F3, F4
holding GTLB Class A Common Stock 897K Oct 3, 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.