Ian Steward - Jun 18, 2025 Form 4 Insider Report for Gitlab Inc. (GTLB)

Signature
/s/ Robin Schulman, Attorney-in-Fact for Ian Steward
Stock symbol
GTLB
Transactions as of
Jun 18, 2025
Transactions value $
$0
Form type
4
Date filed
6/18/2025, 04:13 PM
Previous filing
May 12, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Steward Ian Chief Revenue Officer C/O GITLAB INC., NOT APPLICABLE /s/ Robin Schulman, Attorney-in-Fact for Ian Steward 2025-06-18 0002067878

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock Award $0 +185K $0.00 185K Jun 18, 2025 Direct F1, F2

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
transaction GTLB Performance Stock Units Award $0 +123K $0.00 123K Jun 18, 2025 Class A Common Stock 123K Direct F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of time-based restricted stock units ("RSU"), with each RSU representing a contingent right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock subject to the reporting person's continued service to the Company on each applicable vesting date. The RSUs shall be satisfied over a four-year period, as follows: (a) 2/16 of the grant shall vest on December 15, 2025; (b) and thereafter, 1/16 of the grant shall vest on each Quarterly Vesting Date. "Quarterly Vesting Date" means each of March 15, June 15, September 15.
F2 Includes shares of Class A Common Stock that have not yet vested.
F3 Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A Common Stock, subject to the achievement of certain performance criteria and the reporting person's continued service to the Company on each applicable vesting date following such achievement.
F4 The number of PSUs in this column represents the number of shares of Class A Common Stock the reporting person will receive assuming achievement at the "target" level of the corporate performance metrics set by the Company's Board of Directors for this award.
F5 Once the performance criteria have been achieved, the award shall vest in four equal quarterly installments thereafter.
F6 If the performance criteria are not achieved, the portion of the award which was capable of vesting on that date will expire.