Form 4 for GAP GAP INC
Accepted 2023-11-02 00:00:00 ET · period of report 2023-10-30 · accession 0000039911-23-000121 · 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 | 2023-11-02 | 2023-10-31 | GAP | MARTIN BOB L | Dir | F - Tax | $12.80 | -85.8K | 673.2K | -11% | -$1.10M |
| D | 2023-11-02 | 2023-10-31 | GAP | MARTIN BOB L | Dir | M - OptEx | $0.00 | +194.8K | 759.0K | +35% | $0 |
| D | 2023-11-02 | 2023-10-30 | GAP | MARTIN BOB L | Dir | A - Grant | $0.00 | +8,591 | 8,591 | New | $0 |
| D | 2023-11-02 | 2023-10-31 | GAP | MARTIN BOB L | Dir | M - OptEx | $0.00 | -194.8K | 437.7K | -31% | $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 | 2023-10-31 | F | D | 85,811 | $12.80 | 673,236 | D | — | — | |
| 2 | Common | Common Stock | 2023-10-31 | M | A | 194,805 | $0.00 | 759,047 | D | — | — | |
| 3 | Derivative | Stock Units | 2023-10-30 | A | A | 8,591 | $0.00 | 8,591 | D | $0.00 · — to — | 8,591 Common Stock | (F3) Each stock unit represents a contingent right to receive one share of Gap Inc. common stock. (F4) Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier. (F5) Not applicable. |
| 4 | Derivative | Restricted Stock Unit | 2023-10-31 | M | D | 194,805 | $0.00 | 437,725 | D | $0.00 · — to — | 194,805 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F2) On October 31, 2022, the reporting person was granted 194,805 restricted stock units, vesting in full on the one-year anniversary of the grant date, subject to Mr. Martin's continued service as an employee, director or consultant for the Company. |