Christopher Lee Weber - 22 Jun 2024 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role: Chief Revenue Officer
Signature: /s/ Robin Schulman, Attorney-in-Fact for Christopher Lee Weber
Issuer symbol: GTLB
Transactions as of: 22 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 25 Jun 2024, 17:01:39 UTC
Previous filing: 20 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTLB	Class A Common Stock	Award	$0	+18,835	+4.6%	$0.000000	427,628	22 Jun 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 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	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 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.

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