Julie Gruber - 15 Mar 2024 Form 4 Insider Report for GAP INC (GAP)

Role
Chief Legal&Compliance Officer
Signature
By: De Anna Mekwunye, Power of Attorney For: Julie Gruber
Issuer symbol
GAP
Transactions as of
15 Mar 2024
Net transactions value
-$37,367
Form type
4
Filing time
18 Mar 2024, 19:49:58 UTC
Previous filing
15 Mar 2024
Next filing
20 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 +3,122 +9.3% $0.000000 36,644 15 Mar 2024 Direct
transaction GPS Common Stock Tax liability $37,367 -1,584 -4.3% $23.59 35,060 15 Mar 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 -3,122 -2.8% $0.000000 110,193 15 Mar 2024 Common Stock 3,122 $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 March 15, 2021, the reporting person was granted 12,487 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.