Form 4 for GAP GAP INC
Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-14 · accession 0001807130-22-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-16 | 2022-03-15 | GAP | Strain John | Chief Digital, Tech Off | M - OptEx | $0.00 | +2,881 | 27.3K | +12% | $0 |
| D | 2022-03-16 | 2022-03-15 | GAP | Strain John | Chief Digital, Tech Off | F - Tax | $14.59 | -980 | 26.3K | -4% | -$14.3K |
| D | 2022-03-16 | 2022-03-15 | GAP | Strain John | Chief Digital, Tech Off | M - OptEx | $0.00 | -2,881 | 98.8K | -3% | $0 |
| DM | 2022-03-16 | 2022-03-14 | GAP | Strain John | Chief Digital, Tech Off | A - Grant | $0.00 | +92.6K | 68.5K | New | $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 | 2,881 | $0.00 | 27,323.43 | 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 | 980 | $14.59 | 26,343.43 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2022-03-15 | M | D | 2,881 | $0.00 | 98,763 | D | $0.00 · — to — | 2,881 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 11,526 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 4 | Derivative | Restricted Stock Unit | 2022-03-14 | A | A | 24,071 | $0.00 | 101,644 | D | $0.00 · — to — | 24,071 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 24,071 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 5 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-03-14 | A | A | 68,514 | $0.00 | 68,514 | D | $13.93 · — to 2032-03-14 | 68,514 Common Stock | (F2) On March 14, 2022, the reporting person was granted an option to purchase a total of 68,514 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |