Form 4 for GAP GAP INC
Accepted 2023-11-29 00:00:00 ET · period of report 2023-11-27 · accession 0000039911-23-000140 · 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 | 2023-11-29 | 2023-11-27 | GAP | O'Connell Katrina | EVP CFO | M - OptEx | $8.14 | +140.9K | 34.3K | New | +$1.15M |
| DM | 2023-11-29 | 2023-11-27 | GAP | O'Connell Katrina | EVP CFO | S - Sale+OE | $18.93 | -140.9K | 0 | -100% | -$2.67M |
| DM | 2023-11-29 | 2023-11-27 | GAP | O'Connell Katrina | EVP CFO | M - OptEx | $0.00 | -140.9K | 102.8K | -58% | $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 | 2023-11-27 | M | A | 106,600 | $6.28 | 106,600 | D | — | — | |
| 2 | Common | Common Stock | 2023-11-27 | S | D | 34,257 | $18.93 | 0 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.74 to $19.07, 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. |
| 3 | Common | Common Stock | 2023-11-27 | S | D | 106,600 | $18.93 | 0 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.74 to $19.07, 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 | Common | Common Stock | 2023-11-27 | M | A | 34,257 | $13.93 | 34,257 | D | — | — | |
| 5 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-11-27 | M | D | 106,600 | $0.00 | 53,300 | D | $6.28 · — to 2030-03-23 | 106,600 Common Stock | (F3) On March 23, 2020, the reporting person was granted an option to purchase a total of 213,200 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 6 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-11-27 | M | D | 34,257 | $0.00 | 102,772 | D | $13.93 · — to 2032-03-14 | 34,257 Common Stock | (F4) On March 14, 2022, the reporting person was granted an option to purchase a total of 137,029 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |