Robin Schulman - Dec 20, 2024 Form 4 Insider Report for Gitlab Inc. (GTLB)

Signature
/s/ Robin Schulman
Stock symbol
GTLB
Transactions as of
Dec 20, 2024
Transactions value $
-$167,716
Form type
4
Date filed
12/23/2024, 06:52 PM
Previous filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Sale -$168K -3K -2.27% $55.98 129K Dec 20, 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 December 30, 2022 and amended on September 29, 2023 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.