Form 4 for GAP GAP INC
Accepted 2021-07-07 00:00:00 ET · period of report 2021-07-02 · accession 0000039911-21-000096 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-07-07 | 2021-07-02 | GAP | Syngal Sonia | CEO Gap, Inc, Dir | S - Sale+OE | $33.33 | -21.0K | 53.0K | -28% | -$699.9K |
| D | 2021-07-07 | 2021-07-02 | GAP | Syngal Sonia | CEO Gap, Inc, Dir | M - OptEx | $6.28 | +16.0K | 74.0K | +28% | +$100.5K |
| D | 2021-07-07 | 2021-07-02 | GAP | Syngal Sonia | CEO Gap, Inc, Dir | M - OptEx | $0.00 | -16.0K | 639.5K | -2% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-02 | S | D | 16,000 | $33.33 | 57,953.09 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.16 to $33.53, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
| 2 | Common | Common Stock | 2021-07-02 | M | A | 16,000 | $6.28 | 73,953.09 | D | — | — | |
| 3 | Common | Common Stock | 2021-07-02 | S | D | 5,000 | $33.33 | 52,953.09 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.17 to $33.53, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
| 4 | Derivative | Non-Qualified Stock Option (right to buy) | 2021-07-02 | M | D | 16,000 | $0.00 | 639,522 | D | $6.28 · — to 2030-03-23 | 16,000 Common Stock | (F5) On March 23, 2020, the reporting person was granted an option to purchase a total of 767,522 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |