Steward Ian 4
4 · Gitlab Inc. · Filed Jun 18, 2025
Insider Transaction Report
Form 4
Gitlab Inc.GTLB
Steward Ian
Chief Revenue Officer
Transactions
- Award
Class A Common Stock
2025-06-18+184,615→ 184,615 total - Award
Performance Stock Units
2025-06-18+123,076→ 123,076 total→ Class A Common Stock (123,076 underlying)
Footnotes (6)
- [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, as follows: (a) 2/16 of the grant shall vest on December 15, 2025; (b) and thereafter, 1/16 of the grant shall vest on each Quarterly Vesting Date. "Quarterly Vesting Date" means each of March 15, June 15, September 15.
- [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.