Form 4 for GAP GAP INC
Accepted 2021-07-20 00:00:00 ET · period of report 2021-07-16 · accession 0001589927-21-000015 · 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 | 2021-07-20 | 2021-07-16 | GAP | Syngal Sonia | CEO Gap, Inc, Dir | S - Sale+OE | $29.85 | -21.0K | 48.0K | -30% | -$626.9K |
| D | 2021-07-20 | 2021-07-16 | GAP | Syngal Sonia | CEO Gap, Inc, Dir | M - OptEx | $6.28 | +16.0K | 69.0K | +30% | +$100.5K |
| D | 2021-07-20 | 2021-07-16 | GAP | Syngal Sonia | CEO Gap, Inc, Dir | M - OptEx | $0.00 | -16.0K | 623.5K | -3% | $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 | 2021-07-16 | S | D | 16,000 | $29.85 | 52,953.09 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.60 to $30.07, 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 | 2021-07-16 | M | A | 16,000 | $6.28 | 68,953.09 | D | — | — | |
| 3 | Common | Common Stock | 2021-07-16 | S | D | 5,000 | $29.86 | 47,953.09 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.61 to $30.07, 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. |
| 4 | Derivative | Non-Qualified Stock Option (right to buy) | 2021-07-16 | M | D | 16,000 | $0.00 | 623,522 | D | $6.28 · — to 2030-03-23 | 16,000 Common Stock | (F5) On March 23, 2020, the reporting person was granted an option to purchase a total of 767,522 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |