Robin Schulman - Jun 22, 2024 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role
Chief Legal Officer & Corp Sec
Signature
/s/ Robin Schulman
Stock symbol
GTLB
Transactions as of
Jun 22, 2024
Transactions value $
$0
Form type
4
Date filed
6/25/2024, 05:01 PM
Previous filing
Jun 20, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Award $0 +18.8K +17.49% $0.00 127K Jun 22, 2024 Direct F1
transaction GTLB Class A Common Stock Award $0 +18.8K +14.89% $0.00 145K Jun 22, 2024 Direct F2, F3
* 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 will vest as to 1/4 of the total number of RSUs underlying the award on September 15, 2025, and to 1/4 of the total number of RSUs underlying the award on each Quarterly Vesting Date thereafter. Quarterly Vesting Date shall mean each of March 15, June 15, September 15, and December 15.
F2 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 will vest as to 1/16 of the total number of RSUs underlying the award on September 15, 2024 and to 1/16 of the total number of RSUs underlying the award on each Quarterly Vesting Date thereafter.
F3 Includes shares of Class A Common Stock that have not yet vested. This also includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.