Gurmeet Singh - Mar 13, 2024 Form 4 Insider Report for GAP INC (GPS)

Role
Chief Digital and Tech Officer
Signature
By: De Anna Mekwunye, Power of Attorney For: Gurmeet Singh
Stock symbol
GPS
Transactions as of
Mar 13, 2024
Transactions value $
-$119,505
Form type
4
Date filed
3/14/2024, 09:35 PM
Previous filing
Aug 3, 2023
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +21.4K +23.78% $0.00 112K Mar 13, 2024 Direct
transaction GPS Common Stock Tax liability -$120K -5.21K -4.68% $22.92 106K 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 -21.4K -13.99% $0.00 132K Mar 13, 2024 Common Stock 21.4K $0.00 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 13, 2023, the reporting person was granted 85,714 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.