Form 4 for GAP GAP INC
Accepted 2021-07-02 00:00:00 ET · period of report 2021-06-30 · accession 0001179110-21-007348 · 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 | 2021-07-02 | 2021-06-30 | GAP | FISHER WILLIAM SYDNEY | Dir, 10% | M - OptEx | $0.00 | +5,545 | 10.99M | +0.1% | $0 |
| DI | 2021-07-02 | 2021-07-02 | GAP | FISHER WILLIAM SYDNEY | Dir, 10% | S - Sale+OE | $33.43 | -5,000 | 145.6K | -3% | -$167.2K |
| DM | 2021-07-02 | 2021-06-30 | GAP | FISHER WILLIAM SYDNEY | Dir, 10% | M - OptEx | $0.00 | -5,545 | 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 | 2021-06-30 | M | A | 4,939 | $0.00 | 10,985,451 | D By Spouse | — | — | (F1) 4,939 shares were issued in settlement of the stock units originally granted to the reporting person on June 30, 2018. Each stock unit represented the right to receive one share of The Gap, Inc. common stock ("Gap Common Stock"). |
| 2 | Common | Common Stock | 2021-06-30 | M | A | 606 | $0.00 | 10,986,057 | D | — | — | (F2) 606 shares were issued in settlement of dividend equivalent rights on the above-referenced stock units originally granted to the reporting person on June 30, 2018. Each equivalent right was the economic equivalent of one share of Gap Common Stock. |
| 3 | Common | Common Stock | 2021-07-02 | S | D | 5,000 | $33.43 | 145,599 | I | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $33.40 to $33.495. The price reported above reflects the weighted average sales price. 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 transaction was effected. |
| 4 | Derivative | Stock Units | 2021-06-30 | M | D | 4,939 | $0.00 | 0 | D | $0.00 · — to — | 4,939 Common Stock | (F1) 4,939 shares were issued in settlement of the stock units originally granted to the reporting person on June 30, 2018. Each stock unit represented the right to receive one share of The Gap, Inc. common stock ("Gap Common Stock"). |
| 5 | Derivative | Dividend Equivalent Rights | 2021-06-30 | M | D | 606.36 | $0.00 | 0 | D | $0.00 · — to — | 606.36 Common Stock | (F2) 606 shares were issued in settlement of dividend equivalent rights on the above-referenced stock units originally granted to the reporting person on June 30, 2018. Each equivalent right was the economic equivalent of one share of Gap Common Stock. |