Erin Mannix - Dec 21, 2023 Form 4 Insider Report for Gitlab Inc. (GTLB)

Signature
/s/ Brian G. Robins, Attorney-in-Fact for Erin Mannix
Stock symbol
GTLB
Transactions as of
Dec 21, 2023
Transactions value $
-$124,886
Form type
4
Date filed
12/26/2023, 07:19 PM
Previous filing
Dec 20, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Sale -$125K -1.98K -2.8% $63.01 68.7K Dec 21, 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 The sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on June 26, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Includes shares of Class A Common Stock that have not yet vested.