Form 4 for GAP GAP INC
Accepted 2022-08-16 00:00:00 ET · period of report 2022-08-13 · accession 0001807087-22-000005 · 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 | 2022-08-16 | 2022-08-13 | GAP | Peters Sheila | EVP, CHRO | F - Tax | $10.64 | -3,881 | 19.2K | -17% | -$41.3K |
| D | 2022-08-16 | 2022-08-13 | GAP | Peters Sheila | EVP, CHRO | M - OptEx | $0.00 | +8,400 | 23.1K | +57% | $0 |
| D | 2022-08-16 | 2022-08-13 | GAP | Peters Sheila | EVP, CHRO | M - OptEx | $0.00 | -8,400 | 43.4K | -16% | $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 | 2022-08-13 | F | D | 3,881 | $10.64 | 19,214.36 | D | — | — | |
| 2 | Common | Common Stock | 2022-08-13 | M | A | 8,400 | $0.00 | 23,095.36 | D | — | — | (F1) Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan. |
| 3 | Derivative | Restricted Stock Unit | 2022-08-13 | M | D | 8,400 | $0.00 | 43,357 | D | $0.00 · — to — | 8,400 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F3) On August 13, 2019, the reporting person was granted 16,800 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date. Vesting (but not distribution) is accelerated on retirement eligibility, subject to the restricted stock units being held for one year following the grant date. 583 shares were previously withheld for mandatory tax withholding on these restricted stock units due to retirement eligibility (Form 4 filed 03/23/2021). |