Form 4 for GAP GAP INC
Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-14 · accession 0001807087-22-000002 · 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 | 2022-03-16 | 2022-03-15 | GAP | Peters Sheila | EVP, CHRO | M - OptEx | $0.00 | +2,227 | 9,092 | +32% | $0 |
| DM | 2022-03-16 | 2022-03-15 | GAP | Peters Sheila | EVP, CHRO | F - Tax | $14.59 | -889 | 8,882 | -9% | -$13.0K |
| DM | 2022-03-16 | 2022-03-14 | GAP | Peters Sheila | EVP, CHRO | A - Grant | $0.00 | +79.4K | 58.7K | New | $0 |
| D | 2022-03-16 | 2022-03-15 | GAP | Peters Sheila | EVP, CHRO | M - OptEx | $0.00 | -2,227 | 58.9K | -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 | M | A | 2,017 | $0.00 | 9,561.16 | D | — | — | (F1) Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2022-03-15 | F | D | 679 | $14.59 | 8,882.16 | D | — | — | |
| 3 | Common | Common Stock | 2022-03-15 | F | D | 210 | $14.59 | 8,882.16 | D | — | — | |
| 4 | Common | Common Stock | 2022-03-15 | M | A | 210 | $0.00 | 9,092.16 | D | — | — | |
| 5 | Derivative | Restricted Stock Unit | 2022-03-14 | A | A | 20,632 | $0.00 | 61,130 | D | $0.00 · — to — | 20,632 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F5) On March 14, 2022, the reporting person was granted 20,632 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 6 | Derivative | Restricted Stock Unit | 2022-03-15 | M | D | 2,227 | $0.00 | 58,903 | D | $0.00 · — to — | 2,227 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F6) On March 15, 2021, the reporting person was granted 8,068 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Vesting (but not distribution) of 210 shares was accelerated for tax withholding upon the anniversary of the grant date due to retirement eligibility. |
| 7 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-03-14 | A | A | 58,726 | $0.00 | 58,726 | D | $13.93 · — to 2032-03-14 | 58,726 Common Stock | (F3) On March 14, 2022, the reporting person was granted an option to purchase a total of 58,726 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |