Form 4 for GAP GAP INC
Accepted 2024-03-21 00:00:00 ET · period of report 2024-03-20 · accession 0000039911-24-000092 · 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 | 2024-03-21 | 2024-03-20 | GAP | O'Connell Katrina | CFO | S - Sale+OE | $26.00 | -20.0K | 0 | -100% | -$520.0K |
| D | 2024-03-21 | 2024-03-20 | GAP | O'Connell Katrina | CFO | M - OptEx | $23.54 | +20.0K | 20.0K | New | +$470.8K |
| D | 2024-03-21 | 2024-03-20 | GAP | O'Connell Katrina | CFO | M - OptEx | $0.00 | -20.0K | 0 | -100% | $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 | 2024-03-20 | S | D | 20,000 | $26.00 | 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 $26.00 to $26.01, 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. |
| 2 | Common | Common Stock | 2024-03-20 | M | A | 20,000 | $23.54 | 20,000 | D | — | — | |
| 3 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-03-20 | M | D | 20,000 | $0.00 | 0 | D | $23.54 · — to 2027-03-13 | 20,000 Common Stock | (F3) The option represents a right to purchase a total of 20,000 shares exercisable in four equal annual installments beginning on March 13, 2018, which was the first anniversary of the date on which the option was granted. |