Form 4 for GAP GAP INC
Accepted 2022-03-18 00:00:00 ET · period of report 2022-03-16 · accession 0001827007-22-000004 · 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 | 2022-03-18 | 2022-03-16 | GAP | Green Nancy | Pres, CEO, Old Navy | F - Tax | $15.52 | -41.9K | 163.5K | -20% | -$649.6K |
| D | 2022-03-18 | 2022-03-16 | GAP | Green Nancy | Pres, CEO, Old Navy | M - OptEx | $0.00 | +88.6K | 205.4K | +76% | $0 |
| D | 2022-03-18 | 2022-03-16 | GAP | Green Nancy | Pres, CEO, Old Navy | M - OptEx | $0.00 | -88.6K | 268.5K | -25% | $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 | 2022-03-16 | F | D | 41,856 | $15.52 | 163,519 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-16 | M | A | 88,623 | $0.00 | 205,375 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2022-03-16 | M | D | 88,623 | $0.00 | 268,497 | D | $0.00 · — to — | 88,623 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F2) On March 16, 2020, the reporting person was granted 194,578 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. 8,666 shares were previously withheld for mandatory tax withholding on these restricted stock units upon retirement eligibility (Form 4 filed 12/21/2021). |