Gurmeet Singh - 01 Apr 2023 Form 3 Insider Report for GAP INC (GAP)

Signature
By: JoAnne Zinman, Power of Attorney For: Gurmeet Singh
Issuer symbol
GAP
Transactions as of
01 Apr 2023
Net transactions value
$0
Form type
3
Filing time
10 Apr 2023, 19:11:24 UTC
Previous filing
21 Jul 2021
Next filing
03 Aug 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
holding GPS Restricted Stock Unit 01 Apr 2023 Common Stock 287,961 $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 restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F2 Represents two grants of Restricted Stock Units (RSUs). On August 1, 2022, the reporting person was granted 202,247 restricted stock units, vesting in 134,832 shares on the first anniversary of the grant date and vesting in 67,415 shares on the second anniversary of the grant date. On March 13, 2023, the reporting person was granted 85,714 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 Not applicable.