RICHARD DICKSON - 22 Aug 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
Issuer symbol: GAP
Transactions as of: 22 Aug 2024
Net transactions value: -$1,446,879
Form type: 4
Filing time: 23 Aug 2024, 17:23:03 UTC
Previous filing: 01 Jul 2024
Next filing: 12 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GAP	Common Stock	Options Exercise	$0	+109,649	+5097%	$0.000000	111,800	22 Aug 2024	Direct	F1
transaction	GAP	Common Stock	Tax liability	$1,446,879	-58,936	-53%	$24.55	52,864	22 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	GAP	Restricted Stock Unit	Options Exercise	$0	-109,649	-10%	$0.000000	972,645	22 Aug 2024	Common Stock	109,649	$0.000000	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.