Katrina O'Connell - 23 Mar 2024 Form 4 Insider Report for GAP INC (GAP)

Signature
By: De Anna Mekwunye, Power of Attorney For: Katrina O'Connell
Issuer symbol
GAP
Transactions as of
23 Mar 2024
Net transactions value
-$283,243
Form type
4
Filing time
26 Mar 2024, 20:41:58 UTC
Previous filing
21 Mar 2024
Next filing
27 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +19,905 $0.000000 19,905 23 Mar 2024 Direct
transaction GPS Common Stock Tax liability $283,243 -10,087 -51% $28.08 9,818 23 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 -19,905 -8.1% $0.000000 226,547 23 Mar 2024 Common Stock 19,905 $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 23, 2020, the reporting person was granted 79,617 restricted stock units, vesting 19,904 shares on the first, second, and third anniversary of the grant date and 19,905 shares on the fourth anniversary of the grant date.