Matthew Jacobson - Apr 9, 2024 Form 4 Insider Report for Gitlab Inc. (GTLB)

Role
Director
Signature
/s/ Matthew Jacobson
Stock symbol
GTLB
Transactions as of
Apr 9, 2024
Transactions value $
$0
Form type
4
Date filed
4/11/2024, 04:15 PM
Previous filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction GTLB Class A Common Stock +Conversion of derivative security +691,141 +105.1% 1,348,719 Apr 9, 2024 By ICONIQ Strategic Partners IV, L.P. F1, F2, F3, F4, F5
transaction GTLB Class A Common Stock +Conversion of derivative security +1,145,143 +105.1% 2,234,674 Apr 9, 2024 By ICONIQ Strategic Partners IV-B, L.P. F3, F4, F5, F6, F7
holding GTLB Class A Common Stock 1,056,994 Apr 9, 2024 By ICONIQ Strategic Partners III, L.P. F3, F4, F5, F8
holding GTLB Class A Common Stock 1,129,411 Apr 9, 2024 By ICONIQ Strategic Partners III-B, L.P. F3, F4, F5, F9
holding GTLB Class A Common Stock 146,206 Apr 9, 2024 By ICONIQ Strategic Partners V, L.P. F3, F4, F5, F10
holding GTLB Class A Common Stock 223,388 Apr 9, 2024 By ICONIQ Strategic Partners V-B, L.P. F3, F4, F5, F11
holding GTLB Class A Common Stock 429,104 Apr 9, 2024 By ICONIQ Strategic Partners VI, L.P. F3, F4, F5, F12
holding GTLB Class A Common Stock 535,503 Apr 9, 2024 By ICONIQ Strategic Partners VI-B, L.P. F3, F4, F5, F13
holding GTLB Class A Common Stock 334,827 Apr 9, 2024 By ICONIQ Investment Holdings, LP F3, F4, F5, F14
holding GTLB Class A Common Stock 492,956 Apr 9, 2024 Direct F15

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 Class B Common Stock -Conversion of derivative security $0 -691,141 -100% $0.00 0 Apr 9, 2024 Class A Common Stock 691,141 By ICONIQ Strategic Partners IV, L.P. F1, F2, F3, F4, F5, F16
transaction GTLB Class B Common Stock -Conversion of derivative security $0 -1,145,143 -100% $0.00 0 Apr 9, 2024 Class A Common Stock 1,145,143 By ICONIQ Strategic Partners IV-B, L.P. F3, F4, F5, F6, F7, F16
holding GTLB Class B Common Stock 146,205 Apr 9, 2024 Class A Common Stock 146,205 By ICONIQ Strategic Partners V, L.P. F3, F4, F5, F10, F16
holding GTLB Class B Common Stock 223,388 Apr 9, 2024 Class A Common Stock 223,388 By ICONIQ Strategic Partners V-B, L.P. F3, F4, F5, F11, F16

Explanation of Responses:

Id Content
F1 On April 9, 2024, ICONIQ Strategic Partners IV, L.P. ("ICONIQ IV") converted in the aggregate 691,141 shares of the Issuer's Class B Common Stock into 691,141 shares of the Issuer's Class A Common Stock.
F2 The shares are held by ICONIQ IV.
F3 ICONIQ Strategic Partners III GP, L.P. ("ICONIQ III GP") is the sole general partner of each of ICONIQ Strategic Partners III, L.P. ("ICONIQ III") and ICONIQ Strategic Partners III-B, L.P. ("ICONIQ III-B"). ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ III Parent GP") is the sole general partner of ICONIQ III GP. ICONIQ Strategic Partners IV GP, L.P. ("ICONIQ IV GP") is the sole general partner of each of ICONIQ IV and ICONIQ Strategic Partners IV-B, L.P. ("ICONIQ IV-B"). ICONIQ Strategic Partners IV TT GP, Ltd. ("ICONIQ IV Parent GP") is the sole general partner of ICONIQ IV GP. ICONIQ Strategic Partners V GP, L.P. ("ICONIQ V GP") is the sole general partner of each of ICONIQ Strategic Partners V, L.P. ("ICONIQ V") and ICONIQ Strategic Partners V-B, L.P. ("ICONIQ V-B"). ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ V Parent GP") is the sole general partner of ICONIQ V GP.
F4 (continued) ICONIQ Strategic Partners VI GP, L.P. ("ICONIQ VI GP") is the sole general partner of each of ICONIQ Strategic Partners VI, L.P. ("ICONIQ VI") and ICONIQ Strategic Partners VI-B, L.P. ("ICONIQ VI-B"). ICONIQ Strategic Partners VI TT GP, Ltd. ("ICONIQ VI Parent GP") is the sole general partner of ICONIQ VI GP. ICONIQ Capital Group GP, LLC ("ICONIQ Investment GP") is the general partner of ICONIQ Investment Holdings, LP ("ICONIQ Investment"). Divesh Makan ("Makan") is the sole member of ICONIQ Investment GP. Makan and William J.G. Griffith ("Griffith") are the sole equity holders of ICONIQ III Parent GP. Makan, Griffith and the Reporting Person are the sole equity holders of each of ICONIQ IV Parent GP, ICONIQ V Parent GP and ICONIQ VI Parent GP.
F5 The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F6 On April 9, 2024, ICONIQ IV-B converted in the aggregate 1,145,143 shares of the Issuer's Class B Common Stock into 1,145,143 shares of the Issuer's Class A Common Stock.
F7 The shares are held by ICONIQ IV-B.
F8 The shares are held by ICONIQ III.
F9 The shares are held by ICONIQ III-B.
F10 The shares are held by ICONIQ V.
F11 The shares are held by ICONIQ V-B.
F12 The shares are held by ICONIQ VI.
F13 The shares are held by ICONIQ VI-B.
F14 The shares are held by ICONIQ Investment.
F15 The shares are held by the Reporting Person through a trust of which he is a trustee. Includes an aggregate of 52,810 shares received in prior distributions-in-kind made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Exchange Act. The Reporting Person disclaims beneficial ownership of the shares held by such trust for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F16 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 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.