0001628280-24-004218.txt : 20240212
0001628280-24-004218.hdr.sgml : 20240212
20240212163749
ACCESSION NUMBER: 0001628280-24-004218
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240208
FILED AS OF DATE: 20240212
DATE AS OF CHANGE: 20240212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schulman Robin
CENTRAL INDEX KEY: 0001627835
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40895
FILM NUMBER: 24620625
MAIL ADDRESS:
STREET 1: C/O NEW RELIC, INC.
STREET 2: 188 SPEAR STREET, STE. 1200
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Gitlab Inc.
CENTRAL INDEX KEY: 0001653482
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 471861035
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 268 BUSH STREET
STREET 2: #350
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
BUSINESS PHONE: 650-474-5175
MAIL ADDRESS:
STREET 1: 268 BUSH STREET
STREET 2: #350
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
4
1
wk-form4_1707773853.xml
FORM 4
X0508
4
2024-02-08
0
0001653482
Gitlab Inc.
GTLB
0001627835
Schulman Robin
C/O GITLAB INC.
NOT APPLICABLE
DE
0
1
0
0
Chief Legal Officer & Corp Sec
1
Class A Common Stock
2024-02-08
4
C
0
30543
0
A
90675
D
Class A Common Stock
2024-02-08
4
S
0
30543
75.11
D
60132
D
Stock Option (Right to buy Class B Common Stock)
8.90
2024-02-08
4
M
0
30543
0
D
2029-12-01
Class B Common Stock
30543
46255
D
Class B Common Stock
8.90
2024-02-08
4
M
0
30543
A
Class A Common Stock
30543
30543
D
Class B Common Stock
2024-02-08
4
C
0
30543
D
Class A Common Stock
30543
0
D
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.
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 30, 2022 and amended on September 29, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.00 to $75.40, 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.
Includes shares of Class A Common Stock that have not yet vested.
25% of the total option award vested on December 2, 2020, and the remainder vested or vests as to 1/48 of the total award monthly on the 2nd, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option award also includes an early exercise feature, whereby unvested options may be early exercised at any time.
/s/ Robin Schulman
2024-02-12