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 | +439K | $0.00 | 439K | Aug 22, 2023 | Common Stock | 439K | $0.00 | Direct | F1, F2 | |
transaction | GPS | Restricted Stock Unit | Award | $0 | +466K | +106.25% | $0.00 | 905K | Aug 22, 2023 | Common Stock | 466K | $0.00 | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. |
F2 | On August 22, 2023, the reporting person was granted 438,596 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
F3 | On August 22, 2023, the reporting person was granted 466,008 restricted stock units, vesting fifty percent of the total grant on the first anniversary of the grant date, twenty-five percent on the second anniversary of the grant date, and the remaining twenty-five percent on the third anniversary of the grant date. |