Sarah Gilligan - 14 Sep 2024 Form 4 Insider Report for GAP INC (GAP)

Signature
By: De Anna Mekwunye, Power of Attorney For: Sarah Gilligan
Issuer symbol
GAP
Transactions as of
14 Sep 2024
Net transactions value
-$192,905
Form type
4
Filing time
16 Sep 2024, 20:21:16 UTC
Previous filing
26 Aug 2024
Next filing
18 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +17,946 $0.000000 17,946 14 Sep 2024 Direct
transaction GAP Common Stock Tax liability $192,905 -9,095 -51% $21.21 8,851 14 Sep 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 -17,946 -14% $0.000000 105,983 14 Sep 2024 Common Stock 17,946 $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 14, 2022, the reporting person was granted 35,893 restricted stock units, vesting in 17,947 shares on September 14, 2023, and vesting in 17,946 shares on September 14, 2024.