Mark Porter - Dec 15, 2023 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role
Director
Signature
/s/ Robin Schulman, Attorney-in-Fact for Mark Porter
Stock symbol
GTLB
Transactions as of
Dec 15, 2023
Transactions value $
-$86,750
Form type
4
Date filed
12/19/2023, 06:18 PM
Previous filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Sale -$47.7K -746 -6.77% $64.00 10.3K Dec 15, 2023 Direct F1
transaction GTLB Class A Common Stock Sale -$39K -625 -6.08% $62.41 9.66K Dec 18, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was entered into pursuant to a Rule 10b5-1 plan entered into by the reporting person on September 15, 2023.
F2 Includes shares of Class A Common Stock that have not yet vested.