Form 4 for GAP GAP INC
Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-14 · accession 0001701497-22-000003 · 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 | 2022-03-16 | 2022-03-15 | GAP | Saksena Asheesh | Chief Growth Off | F - Tax | $14.59 | -2,857 | 34.3K | -8% | -$41.7K |
| D | 2022-03-16 | 2022-03-15 | GAP | Saksena Asheesh | Chief Growth Off | M - OptEx | $0.00 | +5,763 | 37.1K | +18% | $0 |
| DM | 2022-03-16 | 2022-03-14 | GAP | Saksena Asheesh | Chief Growth Off | A - Grant | $0.00 | +158.7K | 153.6K | New | $0 |
| D | 2022-03-16 | 2022-03-15 | GAP | Saksena Asheesh | Chief Growth Off | M - OptEx | $0.00 | -5,763 | 147.9K | -4% | $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 | 2022-03-15 | F | D | 2,857 | $14.59 | 34,291.40 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-15 | M | A | 5,763 | $0.00 | 37,148.40 | D | — | — | (F1) Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan. |
| 3 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-03-14 | A | A | 117,453 | $0.00 | 117,453 | D | $13.93 · — to 2032-03-14 | 117,453 Common Stock | (F2) On March 14, 2022, the reporting person was granted an option to purchase a total of 117,453 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 4 | Derivative | Restricted Stock Unit | 2022-03-15 | M | D | 5,763 | $0.00 | 147,881 | D | $0.00 · — to — | 5,763 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F5) On March 15, 2021, the reporting person was granted 23,053 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 5 | Derivative | Restricted Stock Unit | 2022-03-14 | A | A | 41,265 | $0.00 | 153,644 | D | $0.00 · — to — | 41,265 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F4) On March 14, 2022, the reporting person was granted 41,265 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |