Form 4 for GAP GAP INC
Accepted 2022-03-22 00:00:00 ET · period of report 2022-03-18 · accession 0001827007-22-000005 · 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 | 2022-03-22 | 2022-03-18 | GAP | Green Nancy | Pres, CEO, Old Navy | M - OptEx | $0.00 | +25.0K | 188.6K | +15% | $0 |
| D | 2022-03-22 | 2022-03-18 | GAP | Green Nancy | Pres, CEO, Old Navy | F - Tax | $15.47 | -11.8K | 176.7K | -6% | -$182.9K |
| D | 2022-03-22 | 2022-03-18 | GAP | Green Nancy | Pres, CEO, Old Navy | M - OptEx | $0.00 | -25.0K | 243.5K | -9% | $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 | 2022-03-18 | M | A | 25,038 | $0.00 | 188,557 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-18 | F | D | 11,825 | $15.47 | 176,732 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2022-03-18 | M | D | 25,038 | $0.00 | 243,459 | D | $0.00 · — to — | 25,038 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. (F2) On March 18, 2019, the reporting person was granted 52,411 restricted stock units, vesting 26,205 shares on the second anniversary of the grant date and 26,206 shares on the third anniversary of the grant date. Vesting (but not distribution) is accelerated on retirement eligibility. 1,168 shares were previously withheld for mandatory tax withholding on these restricted stock units upon retirement eligibility (Form 4 filed 12/21/2021). |