Form 4 for GAP GAP INC
Accepted 2023-12-01 00:00:00 ET · period of report 2023-11-29 · accession 0000039911-23-000144 · 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 | 2023-12-01 | 2023-11-29 | GAP | Breitbard Mark | Pres, CEO, Gap Brand | M - OptEx | $6.28 | +93.8K | 217.8K | +76% | +$589.1K |
| D | 2023-12-01 | 2023-11-29 | GAP | Breitbard Mark | Pres, CEO, Gap Brand | S - Sale+OE | $20.00 | -93.8K | 124.0K | -43% | -$1.88M |
| D | 2023-12-01 | 2023-11-29 | GAP | Breitbard Mark | Pres, CEO, Gap Brand | M - OptEx | $0.00 | -93.8K | 187.6K | -33% | $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 | 2023-11-29 | M | A | 93,808 | $6.28 | 217,793 | D | — | — | |
| 2 | Common | Common Stock | 2023-11-29 | S | D | 93,808 | $20.00 | 123,985 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.015, 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 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-11-29 | M | D | 93,808 | $0.00 | 187,617 | D | $6.28 · — to 2030-03-23 | 93,808 Common Stock | (F3) On March 23, 2020, the reporting person was granted an option to purchase a total of 375,233 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |