Katrina O'Connell - Mar 13, 2014 Form 4 Insider Report for GAP INC (GPS)

Signature
By: De Anna Mekwunye, Power of Attorney For: Katrina O'Connell
Stock symbol
GPS
Transactions as of
Mar 13, 2014
Transactions value $
-$763,351
Form type
4
Date filed
3/14/2024, 09:35 PM
Next filing
Aug 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +25K $0.00 25K Mar 13, 2014 Direct
transaction GPS Common Stock Tax liability -$204K -8.92K -35.68% $22.92 16.1K Mar 13, 2024 Direct
transaction GPS Common Stock Options Exercise $0 +53.6K +333.13% $0.00 69.7K Mar 13, 2024 Direct
transaction GPS Common Stock Tax liability -$559K -24.4K -35.01% $22.92 45.3K Mar 13, 2024 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 -25K -9.14% $0.00 248K Mar 13, 2024 Common Stock 25K $0.00 Direct F1, F2
transaction GPS Restricted Stock Unit Options Exercise $0 -53.6K -21.56% $0.00 195K Mar 13, 2024 Common Stock 53.6K $0.00 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 March 13, 2023, the reporting person was granted 100,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 On March 13, 2023, the reporting person was granted 107,142 restricted stock units, vesting in two equal annual installments beginning on the first anniversary of the grant date.