Sundeep Bedi - 13 Oct 2021 Form 3 Insider Report for Gitlab Inc. (GTLB)

Role
Director
Signature
/s/ Robin Schulman, Attorney-in-Fact for Sundeep Bedi
Issuer symbol
GTLB
Transactions as of
13 Oct 2021
Transactions value $
$0
Form type
3
Filing time
13 Oct 2021, 19:18:59 UTC
Next filing
22 Jun 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GTLB Stock Option (Right to buy Class B Common Stock) 13 Oct 2021 Class B Common Stock 36K $26.64 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will vest as to 25% of the total shares on August 31, 2022, and 1/48 of the total shares will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.

Remarks:

Exhibit 24.1 - Power of Attorney