Johnson Eric David 4
4 · Gitlab Inc. · Filed Mar 1, 2022
Insider Transaction Report
Form 4
Gitlab Inc.GTLB
Johnson Eric David
Chief Technology Officer
Transactions
- Conversion
Class A Common Stock
2022-02-25+24,180→ 24,180 total - Conversion
Class B Common Stock
2022-02-25−24,180→ 0 total→ Class A Common Stock (24,180 underlying) - Exercise/Conversion
Stock Option (Right to buy Class B Common Stock)
2022-02-25−24,180→ 493,724 totalExercise: $0.65Exp: 2027-11-12→ Class B Common Stock (24,180 underlying) - Exercise/Conversion
Class B Common Stock
2022-02-25$0.65/sh+24,180$15,777→ 24,180 total→ Class A Common Stock (24,180 underlying)
Footnotes (2)
- [F1]The option is fully vested.
- [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) October 13, 2031, (ii) the death or disability of Sytse Sijbrandij, (iii) the first date after October 13, 2021, 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. No cash or other consideration is payable in connection with conversion.