Form 4 for GAP GAP INC
Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-14 · accession 0001827007-22-000002 · 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 | Green Nancy | Pres, CEO, Old Navy | M - OptEx | $0.00 | +8,711 | 120.6K | +8% | $0 |
| DM | 2022-03-16 | 2022-03-15 | GAP | Green Nancy | Pres, CEO, Old Navy | F - Tax | $14.59 | -4,836 | 116.8K | -4% | -$70.6K |
| DM | 2022-03-16 | 2022-03-14 | GAP | Green Nancy | Pres, CEO, Old Navy | A - Grant | $0.00 | +238.1K | 176.2K | New | $0 |
| D | 2022-03-16 | 2022-03-15 | GAP | Green Nancy | Pres, CEO, Old Navy | M - OptEx | $0.00 | -8,711 | 357.1K | -2% | $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 | 1,027 | $0.00 | 117,779 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-15 | F | D | 3,809 | $14.59 | 116,752 | D | — | — | |
| 3 | Common | Common Stock | 2022-03-15 | M | A | 7,684 | $0.00 | 120,561 | D | — | — | |
| 4 | Common | Common Stock | 2022-03-15 | F | D | 1,027 | $14.59 | 116,752 | D | — | — | |
| 5 | Derivative | Restricted Stock Unit | 2022-03-14 | A | A | 61,898 | $0.00 | 365,831 | D | $0.00 · — to — | 61,898 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 61,898 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 6 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-03-14 | A | A | 176,180 | $0.00 | 176,180 | D | $13.93 · — to 2032-03-14 | 176,180 Common Stock | (F2) On March 14, 2022, the reporting person was granted an option to purchase a total of 176,180 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 7 | Derivative | Restricted Stock Unit | 2022-03-15 | M | D | 8,711 | $0.00 | 357,120 | D | $0.00 · — to — | 8,711 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 30,737 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Vesting (but not distribution) of 1,027 shares was accelerated for tax withholding upon the anniversary of the grant date due to retirement eligibility. |