Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GPS | Common Stock | +Grant/Award | $0 | +30,524 | $0.00 | 30,524 | Jun 18, 2021 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GPS | Dividend Equivalent Rights | +Grant/Award | $0 | +234 | $0.00 | 234 | Jun 18, 2021 | Common Stock | 234 | $0.00 | Direct | F1, F2, F3 | |
transaction | GPS | Dividend Equivalent Rights | -Options Exercise | $0 | -234 | -100% | $0.00 | 0 | Jun 18, 2021 | Common Stock | 234 | $0.00 | Direct | F1, F3, F4 |
transaction | GPS | Stock Units | -Options Exercise | $0 | -30,290 | -100% | $0.00 | 0 | Jun 18, 2021 | Common Stock | 30,290 | $0.00 | Direct | F3, F5, F6 |
Elizabeth A. Smith is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock. |
F2 | The dividend equivalent rights accrued on stock units originally granted on April 1, 2020 and June 30, 2020 are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier. The reporting person's service on the Board ended June 18, 2021. |
F3 | Not applicable. |
F4 | These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on April 1, 2020 and June 30, 2020. |
F5 | Each stock unit represents a contingent right to receive one share of Gap Inc. common stock. |
F6 | These shares were issued in settlement of stock units granted on April 1, 2020 and June 30, 2020. |