Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GPS | Restricted Stock Unit | Award | $0 | +255K | $0.00 | 255K | Jun 1, 2022 | Common Stock | 255K | $0.00 | Direct | F1, F2 |
Id | Content |
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F1 | Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. |
F2 | On June 1, 2022, the reporting person was granted 254,885 restricted stock units, vesting in full on the first anniversary of the grant date. Pursuant to the terms of the grant agreement, the shares issued upon vesting are subject to an additional two-year holding requirement. |