4//SEC Filing
ROBINS BRIAN G 4
Accession 0001628280-25-004046
CIK 0001653482other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 4:18 PM ET
Size
15.6 KB
Accession
0001628280-25-004046
Insider Transaction Report
Form 4
Gitlab Inc.GTLB
ROBINS BRIAN G
Chief Financial Officer
Transactions
- Conversion
Class A Common Stock
2025-02-03+10,000→ 277,380 total - Sale
Class A Common Stock
2025-02-03$71.26/sh−3,701$263,733→ 267,380 total - Conversion
Class B Common Stock
2025-02-03−10,000→ 0 total→ Class A Common Stock (10,000 underlying) - Sale
Class A Common Stock
2025-02-03$70.57/sh−6,299$444,520→ 271,081 total - Exercise/Conversion
Stock Option (Right to buy Class B Common Stock)
2025-02-03−10,000→ 636,505 totalExercise: $9.99Exp: 2030-09-08→ Class B Common Stock (10,000 underlying) - Exercise/Conversion
Class B Common Stock
2025-02-03+10,000→ 10,000 totalExercise: $9.99→ Class A Common Stock (10,000 underlying)
Footnotes (6)
- [F1]Each share of the Issuer's Class B common stock (the "Class B Stock") is convertible into one share of the Issuer's Class A common stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) ten years from the date of the Issuer's initial public offering ("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 Stock (including shares of Class B 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 Stock.
- [F2]The option exercises and sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on December 27, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.92 to $70.90, 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 3 and footnote 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.95 to $71.53, inclusive.
- [F5]Includes shares of Class A Common Stock that have not yet vested.
- [F6]The option award fully vested on September 9, 2024.
Documents
Issuer
Gitlab Inc.
CIK 0001653482
Entity typeother
Related Parties
1- filerCIK 0001431768
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 4:18 PM ET
- Size
- 15.6 KB