Sandra Stangl - 14 Dec 2023 Form 4 Insider Report for GAP INC (GAP)

Role: Pres. & CEO, Banana Republic
Signature: By: De Anna Mekwunye, Power of Attorney For: Sandra Stangl
Issuer symbol: GAP
Transactions as of: 14 Dec 2023
Net transactions value: -$90,525
Form type: 4
Filing time: 18 Dec 2023, 20:35:17 UTC
Previous filing: 06 Sep 2023
Next filing: 14 Mar 2024
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	+12,291	+35%	$0.000000	47,651	14 Dec 2023	Direct
transaction	GPS	Common Stock	Tax liability	$90,525	-4,250	-8.9%	$21.30	43,401	14 Dec 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	-12,291	-3.1%	$0.000000	382,805	14 Dec 2023	Common Stock	12,291	$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 December 14, 2020, the reporting person was granted 49,164 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.