---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-029928"
form_type: "8-K"
ticker: "GTLB"
cik: "0001653482"
company_name: "Gitlab Inc."
filed_at: "2024-06-25T23:59:59+00:00"
generated_at: "2026-06-01T02:13:20.772645+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# GitLab board amends Severance Plan to protect equity in change-of-control

## Summary
- Board clarified that equity awards cannot be cancelled without consideration in a Corporate Transaction.
- Tier 1 (CEO) severance: 12-month salary/benefits plus prorated bonus; CIC: 18-month pay, extra bonus, full equity vest.
- Tier 2 (Grade 14) gets 6-month severance; CIC provides 12-month pay with equity acceleration.
- Tier 3 (Grade 12-13) has case-by-case 4-month severance; CIC offers 9-month pay and equity vesting.
- Amendments define Cause, Good Reason and Corporate Transaction to clarify triggering events.

## SEC filing metadata
- accession: 0001628280-24-029928
- form_type: 8-K
- ticker: GTLB
- cik: 0001653482
- company_name: Gitlab Inc.
- filed_at: 2024-06-25T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653482/000162828024029928/0001628280-24-029928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653482/000162828024029928/gtlb-20240622.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-029928
- JSON: https://secwatch.observer/filing/0001628280-24-029928.json
- Plain text: https://secwatch.observer/filing/0001628280-24-029928.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.