Form 4 for GAP GAP INC
Accepted 2023-06-05 00:00:00 ET · period of report 2023-06-01 · accession 0000039911-23-000054 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-06-05 | 2023-06-01 | GAP | MARTIN BOB L | Interim CEO, Exec COB, Dir | F - Tax | $8.08 | -94.4K | 400.8K | -19% | -$762.8K |
| D | 2023-06-05 | 2023-06-01 | GAP | MARTIN BOB L | Interim CEO, Exec COB, Dir | M - OptEx | $0.00 | +254.9K | 495.2K | +106% | $0 |
| D | 2023-06-05 | 2023-06-01 | GAP | MARTIN BOB L | Interim CEO, Exec COB, Dir | M - OptEx | $0.00 | -254.9K | 845.3K | -23% | $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 | 2023-06-01 | F | D | 94,412 | $8.08 | 400,793 | D | — | — | |
| 2 | Common | Common Stock | 2023-06-01 | M | A | 254,885 | $0.00 | 495,205 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2023-06-01 | M | D | 254,885 | $0.00 | 845,345 | D | $0.00 · — to — | 254,885 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F2) On June 1, 2022, the reporting person was granted 254,885 restricted stock units, vesting in full on the first anniversary of the grant date. Pursuant to the terms of the grant agreement, the shares issued upon vesting are subject to an additional two-year holding requirement. |