4//SEC Filing
Sijbrandij Sytse 4
Accession 0001653482-25-000028
CIK 0001653482other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 6:40 PM ET
Size
12.1 KB
Accession
0001653482-25-000028
Insider Transaction Report
Form 4
Gitlab Inc.GTLB
Sijbrandij Sytse
DirectorExecutive Chair of the Board10% Owner
Transactions
- Conversion
Class A Common Stock
2025-09-15+108,600→ 108,600 total(indirect: By Trust) - Sale
Class A Common Stock
2025-09-15$50.45/sh−29,126$1,469,407→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
2025-09-15$50.02/sh−79,474$3,975,289→ 29,126 total(indirect: By Trust) - Conversion
Class B Common Stock
2025-09-15−108,600→ 15,942,472 total(indirect: By Trust)→ Class A Common Stock (108,600 underlying)
Footnotes (5)
- [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 the Reporting Person, (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]These securities are held by the Sytse Sijbrandij Revocable Trust dated February 21, 2019, of which the Reporting Person is the sole trustee.
- [F3]This transaction was executed pursuant to a trading plan entered into by the reporting person, as the sole trustee of the Sytse Sijbrandij Revocable Trust dated February 21, 2019, on December 26, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.31 to $50.30, 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 4 and footnote 5.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.31 to $51.20, inclusive.
Documents
Issuer
Gitlab Inc.
CIK 0001653482
Entity typeother
Related Parties
1- filerCIK 0001886022
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 6:40 PM ET
- Size
- 12.1 KB