Gitlab director receives annual RSU stock grant
Gitlab Inc. director David J. Henshall received an equity grant in the form of restricted stock units for his non-employee board service.
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Rhea-AI Filing Summary
Gitlab Inc. director David J. Henshall received an equity grant in the form of restricted stock units for his non-employee board service. He was awarded 7,555 RSUs of Class A Common Stock at no cash cost, bringing his direct holdings to 17,879 shares, including unvested amounts.
Each RSU converts into one share of Class A Common Stock upon vesting. The RSUs will fully vest on the earlier of the next annual stockholder meeting or one year from the grant date, as long as Henshall continues serving on the board through that vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,555 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents an annual grant of restricted stock units ("RSUs") for non-employee board service. Each RSU represents a right to receive one share of Gitlab Inc. (the "Company") Class A Common Stock upon vesting. The shares underlying the RSUs will fully vest on the earlier of (1) the date of the following year's annual meeting of the Company's stockholders, and (2) the date that is one year following the date of grant (the "Vesting Date"), subject to the reporting person's continued service to the Company on the applicable Vesting Date.
- F2. Includes shares of Class A Common Stock that have not yet vested.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Class A Common Stock financial
Vesting Date financial
non-employee board service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Gitlab (GTLB) director David J. Henshall receive in this Form 4 filing?
What are the vesting terms of the Gitlab (GTLB) RSUs granted to David J. Henshall?
Did David J. Henshall pay cash for the Gitlab (GTLB) RSU grant reported on Form 4?
Is the Gitlab (GTLB) Form 4 for David J. Henshall a routine board compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.