Richard Dickson - Aug 22, 2024 Form 4 Insider Report for GAP INC (GAP)

Role
President & CEO, Gap Inc., Director
Signature
By: De Anna Mekwunye, Power of Attorney For: Richard Dickson
Stock symbol
GAP
Transactions as of
Aug 22, 2024
Transactions value $
-$1,446,879
Form type
4
Date filed
8/23/2024, 05:23 PM
Previous filing
Jul 1, 2024
Next filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +110K +5097.3% $0.00 112K Aug 22, 2024 Direct F1
transaction GAP Common Stock Tax liability -$1.45M -58.9K -52.72% $24.55 52.9K Aug 22, 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 GAP Restricted Stock Unit Options Exercise $0 -110K -10.13% $0.00 973K Aug 22, 2024 Common Stock 110K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP).
F2 Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F3 On August 22, 2023, the reporting person was granted 438,596 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.