Bob L. Martin - 22 Aug 2023 Form 4 Insider Report for GAP INC (GAP)

Role
Executive Chairman, Director
Signature
By: De Anna Mekwunye, Power of Attorney For: Bob L. Martin
Issuer symbol
GAP
Transactions as of
22 Aug 2023
Net transactions value
$0
Form type
4
Filing time
24 Aug 2023, 18:58:38 UTC
Previous filing
03 Aug 2023
Next filing
02 Nov 2023
SEC
View on sec.gov

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 Restricted Stock Unit Award $0 +63,106 +11% $0.000000 616,317 22 Aug 2023 Common Stock 63,106 $0.000000 Direct F1, F2
transaction GPS Restricted Stock Unit Award $0 +16,213 +2.6% $0.000000 632,530 22 Aug 2023 Common Stock 16,213 $0.000000 Direct F1, 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 On August 22, 2023, Mr. Martin received an award of 63,106 restricted stock units. The restricted stock units will vest 100% on the one-year anniversary of the grant date.
F3 On August 22, 2023, Mr. Martin received an award of 16,213 restricted stock units. The restricted stock units will vest 100% on the one-year anniversary of the grant date.