Form 4 for GAP GAP INC
Accepted 2023-04-04 00:00:00 ET · period of report 2023-04-01 · accession 0000039911-23-000019 · 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 | 2023-04-04 | 2023-04-01 | GAP | MILES AMY E | Dir | M - OptEx | $0.00 | +30.1K | 27.2K | New | $0 |
| D | 2023-04-04 | 2023-04-01 | GAP | MILES AMY E | Dir | A - Grant | $0.00 | +1,696 | 3,436 | +97% | $0 |
| DM | 2023-04-04 | 2023-04-01 | GAP | MILES AMY E | Dir | M - OptEx | $0.00 | -30.1K | 530.08 | -98% | $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 | 2023-04-01 | M | A | 2,906 | $0.00 | 30,070 | D | — | — | |
| 2 | Common | Common Stock | 2023-04-01 | M | A | 27,164 | $0.00 | 27,164 | D | — | — | |
| 3 | Derivative | Dividend Equivalent Rights | 2023-04-01 | A | A | 1,695.69 | $0.00 | 3,436.30 | D | $0.00 · — to — | 1,695.69 Common Stock | (F1) Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock. (F2) The dividend equivalent rights accrued on stock units originally granted on April 1, 2020, and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier. (F3) Not applicable. |
| 4 | Derivative | Stock Units | 2023-04-01 | M | D | 27,164 | $0.00 | 28,809 | D | $0.00 · — to — | 27,164 Common Stock | (F5) Each stock unit represents a contingent right to receive one share of Gap Inc. common stock. (F6) These shares were issued in settlement of stock units granted on April 1, 2020. (F3) Not applicable. |
| 5 | Derivative | Dividend Equivalent Rights | 2023-04-01 | M | D | 2,906.22 | $0.00 | 530.08 | D | $0.00 · — to — | 2,906.22 Common Stock | (F1) Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock. (F4) These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on April 1, 2020. (F3) Not applicable. |