Elisabeth B. Donohue - Nov 9, 2022 Form 4 Insider Report for GAP INC (GPS)

Role
Director
Signature
By: De Anna Mekwunye, Power of Attorney For: Elisabeth B Donohue
Stock symbol
GPS
Transactions as of
Nov 9, 2022
Transactions value $
$0
Form type
4
Date filed
11/10/2022, 03:14 PM
Previous filing
Nov 3, 2022
Next filing
Dec 16, 2022

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 +358 $0.00 358 Nov 9, 2022 Common Stock 358 $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 November 9, 2021, and 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.
F3 Not applicable.