Form 4 for GAP GAP INC
Accepted 2023-03-15 00:00:00 ET · period of report 2022-11-15 · accession 0001807087-23-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-15 | 2022-11-15 | GAP | Peters Sheila | EVP, CHRO | M - OptEx | $0.00 | +43 | 19.4K | +0.2% | $0 |
| D | 2023-03-15 | 2022-11-15 | GAP | Peters Sheila | EVP, CHRO | F - Tax | $12.84 | -43 | 19.4K | -0.2% | -$552.12 |
| D | 2023-03-15 | 2022-11-15 | GAP | Peters Sheila | EVP, CHRO | M - OptEx | $0.00 | -43 | 43.3K | -0.1% | $0 |
| D | 2023-03-15 | 2023-03-13 | GAP | Peters Sheila | EVP, CHRO | A - Grant | $0.00 | +50.0K | 93.3K | +115% | $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 | 2022-11-15 | M | A | 43 | $0.00 | 19,432.57 | D | — | — | (F1) Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2022-11-15 | F | D | 43 | $12.84 | 19,389.57 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2022-11-15 | M | D | 43 | $0.00 | 43,314 | D | $0.00 · — to — | 43 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F4) The restricted stock units for which the reporting person is retirement eligible vest 480 shares on March 15, 2023 and 480 shares vest on March 15, 2024. Vesting (but not distribution) is accelerated on retirement eligibility, subject to the RSUs being held for one year following the grant date. (F5) Not applicable. |
| 4 | Derivative | Restricted Stock Unit | 2023-03-13 | A | A | 50,000 | $0.00 | 93,314 | D | $0.00 · — to — | 50,000 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F6) On March 13, 2023, the reporting person was granted 50,000 restricted stock units, vesting in one annual installment on the first anniversary of the grant date. |