Sabrina Farmer - 10 Apr 2025 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
14 Apr 2025, 19:31:55 UTC
Prior SEC filing
19 Mar 2025
Next SEC filing
18 Jun 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robin Schulman, Attorney-in-Fact for Sabrina Farmer

Key filing fact

Sabrina Farmer filed Form 4 for Gitlab Inc. (GTLB) on 14 Apr 2025.

Key facts

  • This page summarizes Sabrina Farmer's Form 4 filing for Gitlab Inc. (GTLB).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 14 Apr 2025, 19:31.

Change

  • Previous filing in this sequence was filed on 19 Mar 2025.
  • 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

Award

Transaction value
$0
Shares
+50,588
Change %
+24%
Price
$0.000000
Shares after
262,318
Date
10 Apr 2025
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

GTLB transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+33,725
Change %
Price
$0.000000
Shares after
33,725
Date
10 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
33,725
Exercise price
Footnotes
F3, F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The RSUs will vest as to 1/16 of the total number of RSUs underlying the award on each Quarterly Vesting Date, commencing on June 15, 2025. "Quarterly Vesting Date" shall mean each of March 15, June 15, September 15 and December 15 in a calendar year.

Footnote F2

Includes shares of Class A Common Stock that have not yet vested.

Footnote 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.

Footnote 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.

Footnote F5

Once the performance criteria have been achieved, 1/3 of the award will vest on the first Quarterly Vesting Date following certification, and the remainder of the award will vest in equal installments of 1/12 of the total number of shares underlying the award on Quarterly Vesting Dates thereafter.

Footnote F6

If the performance criteria are not achieved, the portion of the award which was capable of vesting on that date will expire.

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