Sabrina Farmer - Mar 28, 2024 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role: Chief Technology Officer
Signature: /s/ Robin Schulman, Attorney-in-Fact for Sabrina Farmer
Stock symbol: GTLB
Transactions as of: Mar 28, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/1/2024, 06:41 PM
Previous filing: Jan 18, 2024
Next filing: Jun 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTLB	Class A Common Stock	Award	$0	+223K		$0.00	223K	Mar 28, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable vesting date. The RSUs shall be satisfied over a four-year period, as follows: (a) 15.5% of the grant to vest on September 15, 2024; (b) 7.75% of the grant to vest on each of December 15, 2024 and March 15, 2025; and (c) for each quarter starting June 15, 2025, the grant will vest 5.75% per quarter thereafter.
F2	Includes shares of Class A Common Stock that have not yet vested.

Content

Represents a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable vesting date. The RSUs shall be satisfied over a four-year period, as follows: (a) 15.5% of the grant to vest on September 15, 2024; (b) 7.75% of the grant to vest on each of December 15, 2024 and March 15, 2025; and (c) for each quarter starting June 15, 2025, the grant will vest 5.75% per quarter thereafter.

Includes shares of Class A Common Stock that have not yet vested.