Form 4 for GAP GAP INC
Accepted 2024-08-08 00:00:00 ET · period of report 2024-08-07 · accession 0000039911-24-000167 · 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 | 2024-08-08 | 2024-08-07 | GAP | Blakeslee Chris | Pres, CEO, Athleta | M - OptEx | $0.00 | +240.2K | 221.5K | New | $0 |
| DM | 2024-08-08 | 2024-08-07 | GAP | Blakeslee Chris | Pres, CEO, Athleta | F - Tax | $21.41 | -121.8K | 119.0K | -51% | -$2.61M |
| DM | 2024-08-08 | 2024-08-07 | GAP | Blakeslee Chris | Pres, CEO, Athleta | M - OptEx | $0.00 | -240.2K | 362.2K | -40% | $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 | 2024-08-07 | M | A | 19,270 | $0.00 | 128,746.87 | D | — | — | |
| 2 | Common | Common Stock | 2024-08-07 | F | D | 111,985 | $21.41 | 109,476.87 | D | — | — | |
| 3 | Common | Common Stock | 2024-08-07 | F | D | 9,766 | $21.41 | 118,980.87 | D | — | — | |
| 4 | Common | Common Stock | 2024-08-07 | M | A | 220,966 | $0.00 | 221,461.87 | D | — | — | (F1) Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP). |
| 5 | Derivative | Restricted Stock Unit | 2024-08-07 | M | D | 19,270 | $0.00 | 342,942 | D | $0.00 · — to — | 19,270 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F4) On August 7, 2023, the reporting person was granted 77,081 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 6 | Derivative | Restricted Stock Unit | 2024-08-07 | M | D | 220,966 | $0.00 | 362,212 | D | $0.00 · — to — | 220,966 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F3) On August 7, 2023, the reporting person was granted 441,932 restricted stock units, vesting fifty percent of the total grant on the first anniversary of the grant date, thirty percent vesting on the second anniversary of the grant date, and the remaining twenty percent vesting on the third anniversary of the grant date. |