| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GTLB | Class A Common Stock | Award | $0 | +24.7K | +79.12% | $0.00 | 55.9K | Jun 17, 2022 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GTLB | Performance Stock Units | Award | $0 | +37.1K | $0.00 | 37.1K | Jun 17, 2022 | Class A Common Stock | 37.1K | Direct | F3, F4, F5, F6 |
| 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 shall be satisfied over a four-year period, vesting quarterly from the date of grant. |
| F2 | Includes shares of Class A Common Stock that have not yet vested. |
| F3 | Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A Common Stock, subject to the achievement of certain performance criteria and the reporting person's continued service to the Company on each applicable vesting date following such achievement. |
| F4 | The number of PSUs in this column represents the number of shares of Class A Common Stock the reporting person will receive assuming achievement at the "target" level of the corporate performance metrics set by the Company's Board of Directors for this award. |
| F5 | Once the performance criteria have been achieved, the award shall vest in four equal quarterly installments thereafter. |
| F6 | If the performance criteria are not achieved, the portion of the award which was capable of vesting on that date will expire. |