Form 4 for GAP GAP INC
Accepted 2024-03-20 00:00:00 ET · period of report 2024-03-18 · accession 0000039911-24-000086 · 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 | 2024-03-20 | 2024-03-19 | GAP | Gruber Julie | Chief Legal, Compliance Off | M - OptEx | $6.28 | +74.3K | 109.3K | +212% | +$466.3K |
| DM | 2024-03-20 | 2024-03-19 | GAP | Gruber Julie | Chief Legal, Compliance Off | S - Sale+OE | $25.00 | -107.9K | 1,384 | -99% | -$2.70M |
| D | 2024-03-20 | 2024-03-18 | GAP | Gruber Julie | Chief Legal, Compliance Off | A - Grant | $0.00 | +42.0K | 152.1K | +38% | $0 |
| D | 2024-03-20 | 2024-03-19 | GAP | Gruber Julie | Chief Legal, Compliance Off | M - OptEx | $0.00 | -74.3K | 120.4K | -38% | $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 | 2024-03-19 | M | A | 74,252 | $6.28 | 109,312 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-19 | S | D | 74,252 | $25.00 | 35,060 | D | — | — | |
| 3 | Common | Common Stock | 2024-03-19 | S | D | 33,676 | $25.00 | 1,384 | D | — | — | |
| 4 | Derivative | Restricted Stock Unit | 2024-03-18 | A | A | 41,954 | $0.00 | 152,147 | D | $0.00 · — to — | 41,954 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F4) On March 18, 2024, the reporting person was granted 41,954 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 5 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-03-19 | M | D | 74,252 | $0.00 | 120,420 | D | $6.28 · — to 2030-03-23 | 74,252 Common Stock | (F2) On March 23, 2020, the reporting person was granted an option to purchase a total of 204,672 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |