Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GTLB | Class A Common Stock | Award | $0 | +31.9K | +13.12% | $0.00 | 275K | Dec 13, 2024 | Direct | F1 |
transaction | GTLB | Class A Common Stock | Tax liability | -$429K | -7.29K | -2.65% | $58.86 | 267K | Dec 16, 2024 | Direct | F2, F3, F4 |
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 1/8th of the total number of RSUs underlying the award beginning on March 15, 2025, and on each Quarterly Vesting Date thereafter. "Quarterly Vesting Date" shall mean each of June 15, September 15, December 15, and March 15. |
F2 | Represents shares of GitLab Inc.'s Class A Common Stock sold to satisfy the reporting person's tax obligations arising as a result of the vesting of a portion of a restricted stock unit award. |
F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.16 to $59.59, inclusive. The Reporting Person undertakes to provide to GitLab Inc., any security holder of GitLab Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. |
F4 | Includes shares of Class A Common Stock that have not yet vested. |