Sec Form 13G Filing - COATUE MANAGEMENT LLC filing for Gitlab Inc. (GTLB) - 2023-02-13

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

Gitlab Inc.
(Name of Issuer)

 

 

Class A common stock, $0.0000025 par value per share
(Title of Class of Securities)

 

 

37637K108
(CUSIP Number)

 

 

December 31, 2022
(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[_] Rule 13d-1(b)

 

[X] Rule 13d-1(c)

 

[_] Rule 13d-1(d)

 

__________

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 
 

 

CUSIP No 37637K108    

 

     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Coatue Management, L.L.C.  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [X]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  1,610,357  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  1,610,357  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  1,610,357  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
 
    [_]
     
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  1.8%  
     
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IA/OO

 
 
 

 

 

CUSIP No 37637K108    

 

     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Coatue Offshore Master Fund LP  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [X]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Cayman Islands  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  1,610,357  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  1,610,357  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  1,610,357  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
 
    [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  1.8%  
     
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 
 
 

 

CUSIP No 37637K108    

 

     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Philippe Laffont  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [X]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  France and United States of America  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  1,610,357  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  1,610,357  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  1,610,357  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS)
 
    [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  1.8%  
     
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN/HC

 

 

 

 
 

 

CUSIP No 37637K108    

 

       
Item 1. (a). Name of Issuer:  
       
    Gitlab Inc.  

 

  (b). Address of issuer's principal executive offices:  
       
   

Corporation Service Company

251 Little Falls Drive

Wilmington, Delaware 19808

 

 

Item 2. (a). Name of person filing:  
   

 

Coatue Management, L.L.C.

Coatue Offshore Master Fund LP

Philippe Laffont

 

 

  (b). Address of principal business office, or if none, residence:  
   

 

Coatue Management, L.L.C.

9 West 57th Street

New York, New York 10019

 

Coatue Offshore Master Fund LP

c/o Morgan Stanley Fund Services (Cayman) Ltd.

190 Elgin Avenue
George Town
Grand Cayman KY1-9008

Cayman Islands

 

Philippe Laffont

c/o Coatue Management, L.L.C.

9 West 57th Street

 
    New York, New York 10019  

 

  (c). Citizenship:  
   

Coatue Management, L.L.C. – Delaware limited liability company

Coatue Offshore Master Fund LP – Cayman Islands exempted limited partnership

Philippe Laffont – France and United States of America

 

 

  (d).   Title of class of securities:  
       
    Class A common stock, $0.0000025 par value per share (“Common Stock”)  

 

  (e). CUSIP No.:  
       
    37637K108  

 

 
 

 

Item 3. If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

 

  (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c).

 

  (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

  (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

  (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

  (e) [_] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

 

  (f) [_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

 

  (g) [_] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);

 

  (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

 

  (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

  (j)   [_] A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

 

  (k)   [_] Group, in accordance with §240.13d-1(b)(1)(ii)(K).  If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

Item 4. Ownership.

 

  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a)   Amount beneficially owned:
     
   

Coatue Management, L.L.C.: 1,610,357

Coatue Offshore Master Fund LP: 1,610,357

Philippe Laffont: 1,610,357

 

  (b)   Percent of class:
     
   

Coatue Management, L.L.C.: 1.8%

Coatue Offshore Master Fund LP: 1.8%

Philippe Laffont: 1.8%

 

  (c)   Number of shares as to which Coatue Management, L.L.C. has:

 

    (i) Sole power to vote or to direct the vote 0 ,
         
    (ii)   Shared power to vote or to direct the vote 1,610,357 ,
         
    (iii) Sole power to dispose or to direct the disposition of 0 ,
         
    (iv)   Shared power to dispose or to direct the disposition of 1,610,357 .
         
 
 

 

   
 

Number of shares as to which Coatue Offshore Master Fund LP has:

 

    (i) Sole power to vote or to direct the vote 0 ,
         
    (ii)   Shared power to vote or to direct the vote 1,610,357 ,
         
    (iii) Sole power to dispose or to direct the disposition of 0 ,
         
    (iv) &# xA0; Shared power to dispose or to direct the disposition of 1,610,357 .
   
   
 

Number of shares as to which Philippe Laffont has:

 

    (i) Sole power to vote or to direct the vote 0 ,
         
    (ii)   Shared power to vote or to direct the vote 1,610,357 ,
         
    (iii) Sole power to dispose or to direct the disposition of 0 ,
         
    (iv)   Shared power to dispose or to direct the disposition of 1,610,357 .
   

 

Instruction: For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

 

Item 5. Ownership of Five Percent or Less of a Class.
   
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
   
   
   
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
   
  If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified.  A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
   
  Not Applicable
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   
  If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary.  If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
   
  See Exhibit B attached hereto.
   
 
 

 

Item 8. Identification and Classification of Members of the Group.
   
  If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group.  If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.
   
  Not Applicable
   
Item 9. Notice of Dissolution of Group.
   
  Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity.  See Item 5.
   
  Not Applicable
   
Item 10. Certification.
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

 

 

 
 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

  February 13, 2023
  Date
 

 

 

  Coatue Management, L.L.C.*
   
  By:  /s/ Philippe Laffont
  Name: Philippe Laffont
  Title: Authorized Signatory
 

 

 

  Coatue OFFSHORE MASTER FUND LP*
   
  By: Coatue Capital, L.L.C., its general partner
   
  By:  /s/ Philippe Laffont
  Name: Philippe Laffont
  Title: Managing Member
 

 

 

 

PHILIPPE LAFFONT*

 

  /s/ Philippe Laffont
 

 

 

 

*Each Reporting Person disclaims beneficial ownership over the securities reported herein except to the extent of its pecuniary interest therein.

 

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

 
 

 

Exhibit A

AGREEMENT

The undersigned agree that this Amendment No. 2 to Schedule 13G dated February 13, 2023 relating to the Class A common stock, $0.0000025 par value per share of Gitlab Inc. shall be filed on behalf of the undersigned.

  February 13, 2023
  Date
 

 

 

  Coatue Management, L.L.C.
   
  By:  /s/ Philippe Laffont
  Name: Philippe Laffont
  Title: Authorized Signatory
 

 

 

  Coatue OFFSHORE MASTER FUND LP
   
  By: Coatue Capital, L.L.C., its general partner
   
  By:  /s/ Philippe Laffont
  Name: Philippe Laffont
  Title: Managing Member
 

 

 

 

PHILIPPE LAFFONT

 

  /s/ Philippe Laffont

 

 

 

 

 

 
 

Exhibit B

 

Philippe Laffont has beneficial ownership by virtue of his role as a control person of Coatue Management, L.L.C.