John J. Fisher - May 10, 2022 Form 4 Insider Report for GAP INC (GPS)

Role
Director, 10%+ Owner
Signature
By: JoAnne Zinman, Power of Attorney For: John J. Fisher
Stock symbol
GPS
Transactions as of
May 10, 2022
Transactions value $
$0
Form type
4
Date filed
5/11/2022, 06:33 PM
Previous filing
Mar 4, 2022
Next filing
Mar 3, 2023

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 Dividend Equivalent Rights Award $0 +1.03K +216.21% $0.00 1.5K May 10, 2022 Common Stock 1.03K $0.00 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 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 June 30, 2019, June 30, 2020, and June 30, 2021, 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 on May 10, 2022.
F3 Not applicable.