Summary by Moomoo AI
GitLab Inc., a company known for its all-remote operations, has filed a Registration Statement with the U.S. Securities and Exchange Commission (SEC) on March 29, 2024. The filing is to register additional shares for its 2021 Equity Incentive Plan (EIP) and 2021 Employee Stock Purchase Plan (ESPP). Specifically, GitLab is registering 7,877,919 additional shares of Class A Common stock under the 2021 EIP and 1,575,583 additional shares under the 2021 ESPP. These increases are part of the company's annual automatic increase provisions, which are 5% for the EIP and 1% for the ESPP. The registration incorporates by reference the contents of GitLab's previous Registration Statements filed in 2021 and 2023. The company's Annual Report on Form 10-K for the year ended January 31, 2024, and subsequent reports filed under the Exchange Act are also incorporated by reference into this Registration Statement.