Karen Blasing - Jul 15, 2024 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role
Director
Signature
/s/ Robin Schulman, Attorney-in-Fact for Karen Blasing
Stock symbol
GTLB
Transactions as of
Jul 15, 2024
Transactions value $
-$423,313
Form type
4
Date filed
7/17/2024, 07:39 PM
Previous filing
Jun 28, 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 Sale -$174K -3.5K -2.2% $49.75 155K Jul 15, 2024 Direct F1
transaction GTLB Class A Common Stock Sale -$249K -4.43K -2.85% $56.25 151K Jul 17, 2024 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 March 26, 2024 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.