Salaam Coleman Smith - 30 Jun 2021 Form 4 Insider Report for GAP INC (GAP)

Role
Director
Signature
By: JoAnne Zinman, Power of Attorney For: Salaam Coleman Smith
Issuer symbol
GAP
Transactions as of
30 Jun 2021
Net transactions value
$0
Form type
4
Filing time
02 Jul 2021, 15:38:46 UTC
Previous filing
02 Jun 2021
Next filing
27 Dec 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPS Stock Units Award $0 +1,384 +25% $0.000000 7,013 30 Jun 2021 Common Stock 1,384 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
F2 Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
F3 Not applicable.