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Role
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President & CEO, Gap Brand
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Signature
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By: De Anna Mekwunye, Power of Attorney For: Mark Breitbard
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Stock symbol
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GPS
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Transactions as of
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Nov 17, 2023
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Transactions value $
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-$549,715
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Form type
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4
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Date filed
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11/21/2023, 07:40 PM
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
GPS |
Common Stock |
Options Exercise |
$295 K |
+46.9 K |
+37.83% |
$6.28 |
171 K |
Nov 17, 2023 |
Direct |
F1 |
| transaction |
GPS |
Common Stock |
Sale |
-$844 K |
-46.9 K |
-27.45% |
$18.00 |
124 K |
Nov 17, 2023 |
Direct |
F1 |
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 |
Non-Qualified Stock Option (right to buy) |
Options Exercise |
$0 |
-46.9 K |
-14.29% |
$0.00 |
281 K |
Nov 17, 2023 |
Common Stock |
46.9 K |
$6.28 |
Direct |
F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses: