Form 4 for GAP GAP INC
Accepted 2021-12-21 00:00:00 ET · period of report 2021-12-18 · accession 0001827007-21-000015 · 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 | 2021-12-21 | 2021-12-18 | GAP | Green Nancy | Pres, CEO, Old Navy | M - OptEx | $0.00 | +11.4K | 124.3K | +10% | $0 |
| D | 2021-12-21 | 2021-12-18 | GAP | Green Nancy | Pres, CEO, Old Navy | F - Tax | $16.82 | -11.4K | 112.9K | -9% | -$191.7K |
| D | 2021-12-21 | 2021-12-18 | GAP | Green Nancy | Pres, CEO, Old Navy | M - OptEx | $0.00 | -11.4K | 303.9K | -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 | 2021-12-18 | M | A | 11,399 | $0.00 | 124,276 | D | — | — | |
| 2 | Common | Common Stock | 2021-12-18 | F | D | 11,399 | $16.82 | 112,877 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2021-12-18 | M | D | 11,399 | $0.00 | 303,933 | D | $0.00 · — to — | 11,399 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F3) The restricted stock units for which the reporting person is retirement eligible vest 26,206 shares on March 18, 2022, 97,289 shares on each of March 16, 2022 and March 16, 2023, 20,000 shares on July 15, 2022 and 5,043 shares on each of October 8, 2022, October 8, 2023 and October 8, 2024. Vesting (but not distribution) is accelerated on retirement eligibility, subject to the RSUs being held for at least one year following the grant date. (F4) Not applicable. |