Amanda J. Thompson - 22 Jan 2024 Form 4 Insider Report for GAP INC (GAP)

Role
Chief People Officer
Signature
By: De Anna Mekwunye, Power of Attorney For: Amanda J. Thompson
Issuer symbol
GAP
Transactions as of
22 Jan 2024
Net transactions value
$0
Form type
4
Filing time
25 Jan 2024, 14:36:16 UTC
Previous filing
04 Aug 2023
Next filing
20 Mar 2024
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 +12,135 $0.000000 12,135 22 Jan 2024 Common Stock 12,135 $0.000000 Direct F1, F2
transaction GPS Restricted Stock Unit Award $0 +60,679 +500% $0.000000 72,814 22 Jan 2024 Common Stock 60,679 $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 January 22, 2024, the reporting person was granted 12,135 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 On January 22, 2024, the reporting person was granted 60,679 restricted stock units, vesting over three years as follows: 20,226 shares vest on January 22, 2025; 20,226 shares vest on January 22, 2026; and 20,227 shares vest on January 22, 2027.