<SEC-DOCUMENT>0001628280-25-000388.txt : 20250103
<SEC-HEADER>0001628280-25-000388.hdr.sgml : 20250103
<ACCEPTANCE-DATETIME>20250103175644
ACCESSION NUMBER: 0001628280-25-000388
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250102
FILED AS OF DATE: 20250103
DATE AS OF CHANGE: 20250103
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: 25508257
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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wk-form4_1735944996.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
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<ownershipDocument>
<schemaVersion>X0508</schemaVersion>
<documentType>4</documentType>
<periodOfReport>2025-01-02</periodOfReport>
<notSubjectToSection16>0</notSubjectToSection16>
<issuer>
<issuerCik>0001653482</issuerCik>
<issuerName>Gitlab Inc.</issuerName>
<issuerTradingSymbol>GTLB</issuerTradingSymbol>
</issuer>
<reportingOwner>
<reportingOwnerId>
<rptOwnerCik>0001627835</rptOwnerCik>
<rptOwnerName>Schulman Robin</rptOwnerName>
</reportingOwnerId>
<reportingOwnerAddress>
<rptOwnerStreet1>C/O GITLAB INC.</rptOwnerStreet1>
<rptOwnerStreet2></rptOwnerStreet2>
<rptOwnerCity>NOT APPLICABLE</rptOwnerCity>
<rptOwnerState>DE</rptOwnerState>
<rptOwnerZipCode></rptOwnerZipCode>
<rptOwnerStateDescription></rptOwnerStateDescription>
</reportingOwnerAddress>
<reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>1</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle>Chief Legal Officer & Corp Sec</officerTitle>
</reportingOwnerRelationship>
</reportingOwner>
<aff10b5One>1</aff10b5One>
<nonDerivativeTable>
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<securityTitle>
<value>Class A Common Stock</value>
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<value>2025-01-02</value>
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<transactionFormType>4</transactionFormType>
<transactionCode>S</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
<footnoteId id="F1"/>
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<transactionAmounts>
<transactionShares>
<value>7330</value>
</transactionShares>
<transactionPricePerShare>
<value>56.98</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value>121893</value>
</sharesOwnedFollowingTransaction>
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<value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value>Class A Common Stock</value>
</securityTitle>
<transactionDate>
<value>2025-01-03</value>
</transactionDate>
<transactionCoding>
<transactionFormType>4</transactionFormType>
<transactionCode>C</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
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<transactionAmounts>
<transactionShares>
<value>9251</value>
</transactionShares>
<transactionPricePerShare>
<value>0</value>
<footnoteId id="F2"/>
</transactionPricePerShare>
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<value>A</value>
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</directOrIndirectOwnership>
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<nonDerivativeTransaction>
<securityTitle>
<value>Class A Common Stock</value>
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<transactionDate>
<value>2025-01-03</value>
</transactionDate>
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<transactionCode>S</transactionCode>
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<footnoteId id="F1"/>
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<transactionShares>
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<transactionAcquiredDisposedCode>
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<value>D</value>
</directOrIndirectOwnership>
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</nonDerivativeTransaction>
</nonDerivativeTable>
<derivativeTable>
<derivativeTransaction>
<securityTitle>
<value>Stock Option (Right to buy Class B Common Stock)</value>
</securityTitle>
<conversionOrExercisePrice>
<value>8.90</value>
</conversionOrExercisePrice>
<transactionDate>
<value>2025-01-03</value>
</transactionDate>
<transactionCoding>
<transactionFormType>4</transactionFormType>
<transactionCode>M</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
<footnoteId id="F1"/>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value>9251</value>
</transactionShares>
<transactionPricePerShare>
<value>0</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<footnoteId id="F4"/>
</exerciseDate>
<expirationDate>
<value>2029-12-01</value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value>Class B Common Stock</value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value>9251</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value>37004</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
<derivativeTransaction>
<securityTitle>
<value>Class B Common Stock</value>
</securityTitle>
<conversionOrExercisePrice>
<value>8.90</value>
</conversionOrExercisePrice>
<transactionDate>
<value>2025-01-03</value>
</transactionDate>
<transactionCoding>
<transactionFormType>4</transactionFormType>
<transactionCode>M</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
<footnoteId id="F1"/>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value>9251</value>
</transactionShares>
<transactionPricePerShare>
<footnoteId id="F2"/>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<footnoteId id="F2"/>
</exerciseDate>
<expirationDate>
<footnoteId id="F2"/>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value>Class A Common Stock</value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value>9251</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value>9251</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
<derivativeTransaction>
<securityTitle>
<value>Class B Common Stock</value>
</securityTitle>
<conversionOrExercisePrice>
<footnoteId id="F2"/>
</conversionOrExercisePrice>
<transactionDate>
<value>2025-01-03</value>
</transactionDate>
<transactionCoding>
<transactionFormType>4</transactionFormType>
<transactionCode>C</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value>9251</value>
</transactionShares>
<transactionPricePerShare>
<footnoteId id="F2"/>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<footnoteId id="F2"/>
</exerciseDate>
<expirationDate>
<footnoteId id="F2"/>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value>Class A Common Stock</value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value>9251</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value>0</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes>
<footnote id="F1">The option exercises and sales reported on this Form 4 were executed pursuant to a trading plan entered into by the reporting person on October 1, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.</footnote>
<footnote id="F2">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.</footnote>
<footnote id="F3">Includes shares of Class A Common Stock that have not yet vested.</footnote>
<footnote id="F4">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.</footnote>
</footnotes>
<remarks></remarks>
<ownerSignature>
<signatureName>/s/ Robin Schulman</signatureName>
<signatureDate>2025-01-03</signatureDate>
</ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>