Bob L. Martin - May 1, 2024 Form 4 Insider Report for GAP INC (GPS)

Role: Director
Signature: By: De Anna Mekwunye, Power of Attorney For: Bob L. Martin
Stock symbol: GPS
Transactions as of: May 1, 2024
Transactions value $: -$1,754,915
Form type: 4
Date filed: 5/2/2024, 05:49 PM
Previous filing: Jan 31, 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	+202K	+27.11%	$0.00	948K	May 1, 2024	Direct
transaction	GPS	Common Stock	Tax liability	-$1.75M	-88.5K	-9.33%	$19.83	860K	May 1, 2024	Direct

Showing 1 to 2 of 2 entries

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	-202K	-71.83%	$0.00	79.3K	May 1, 2024	Common Stock	202K	$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 May 1, 2023, Mr. Martin received an award of 202,282 restricted stock units, vesting in full on the one-year anniversary of the grant date, subject to Mr. Martin's continued service as an employee, director or consultant for the Company.