Sarah Gilligan - 14 Sep 2023 Form 4 Insider Report for GAP INC (GAP)

Role: EVP Sup Chn, Strat & Transform
Signature: By: De Anna Mekwunye, Power of Attorney For: Sarah Gilligan
Issuer symbol: GAP
Transactions as of: 14 Sep 2023
Net transactions value: -$68,204
Form type: 4
Filing time: 18 Sep 2023, 18:17:18 UTC
Previous filing: 14 Aug 2023
Next filing: 07 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPS	Common Stock	Options Exercise	$0	+17,947	+206%	$0.000000	26,659	14 Sep 2023	Direct
transaction	GPS	Common Stock	Tax liability	$68,204	-6,206	-23%	$10.99	20,453	14 Sep 2023	Direct

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	Options Exercise	$0	-17,947	-10%	$0.000000	154,042	14 Sep 2023	Common Stock	17,947	$0.000000	Direct	F1, F2

* 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 March 14, 2022, the reporting person was granted 35,893 restricted stock units, vesting in 17,947 shares on September 14, 2023, and vesting in 17,946 shares on September 14, 2024.