Michael Eugene McBride - 30 Dec 2021 Form 4 Insider Report for Gitlab Inc. (GTLB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Jan 2022, 15:35:55 UTC
Prior SEC filing
13 Oct 2021
Next SEC filing
22 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robin Schulman, Attorney-in-Fact for Michael Eugene McBride

Key filing fact

Michael Eugene McBride filed Form 4 for Gitlab Inc. (GTLB) on 04 Jan 2022.

Key facts

  • This page summarizes Michael Eugene McBride's Form 4 filing for Gitlab Inc. (GTLB).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 04 Jan 2022, 15:35.

Change

  • Previous filing in this sequence was filed on 13 Oct 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GTLB transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+896,506
Change %
Price
Shares after
896,506
Date
30 Dec 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GTLB transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-896,506
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Dec 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
896,506
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each share of the Issuer's Class B Common Stock is convertible into one share of Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers. On the date set forth in the table above, the reporting person converted all of his Class B Common Stock into Class A Common Stock.

Footnote F2

A holder's shares of the Issuer's Class B Common Stock convert automatically upon certain transfers. Additionally, all of the Issuer's Class B Common Stock will convert automatically upon the earliest of: (i) ten years from the date of the Issuer's initial public offering (the "IPO"); (ii) the death or disability of Sytse Sijbrandij; (iii) the first date following the completion of the IPO on which the number of shares of outstanding Class B Common Stock (including shares of Class B Common Stock subject to outstanding stock options) is less than 5% of the aggregate number of shares of the Issuer's common stock then outstanding; and (iv) the date specified by a vote of the holders of two-thirds of the then outstanding shares of Class B Common Stock.

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