Horacio Barbeito - 01 Aug 2024 Form 4 Insider Report for GAP INC (GAP)

Signature
By: De Anna Mekwunye, Power of Attorney For: Horacio Barbeito
Issuer symbol
GAP
Transactions as of
01 Aug 2024
Net transactions value
-$1,293,377
Form type
4
Filing time
02 Aug 2024, 18:09:32 UTC
Previous filing
25 Jun 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +131,086 $0.000000 131,086 01 Aug 2024 Direct
transaction GPS Common Stock Tax liability $1,293,377 -55,701 -42% $23.22 75,385 01 Aug 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 -131,086 -39% $0.000000 205,017 01 Aug 2024 Common Stock 131,086 $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 August 1, 2022, the reporting person was granted 393,258 restricted stock units, vesting two-thirds of the total grant on the first anniversary of the grant date and the remaining one-third vesting on the second anniversary of the grant date.