Elisabeth B. Donohue - Nov 9, 2024 Form 4 Insider Report for GAP INC (GAP)

Role
Director
Signature
By: De Anna Mekwunye, Power of Attorney For: Elisabeth B Donohue
Stock symbol
GAP
Transactions as of
Nov 9, 2024
Transactions value $
$0
Form type
4
Date filed
11/12/2024, 08:58 PM
Previous filing
Nov 5, 2024
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +6.67K $0.00 6.67K Nov 9, 2024 Direct
transaction GAP Common Stock Options Exercise $0 +873 +13.1% $0.00 7.54K Nov 9, 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 Dividend Equivalent Rights Award $0 +203 +8.51% $0.00 2.59K Nov 9, 2024 Common Stock 203 $0.00 Direct F1, F2, F3
transaction GAP Dividend Equivalent Rights Options Exercise $0 -874 -33.74% $0.00 1.72K Nov 9, 2024 Common Stock 874 $0.00 Direct F1, F3, F4
transaction GAP Stock Units Options Exercise $0 -6.67K -14.5% $0.00 39.3K Nov 9, 2024 Common Stock 6.67K $0.00 Direct F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
F2 The dividend equivalent rights accrued on stock units originally granted on November 9, 2021, and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
F3 Not applicable.
F4 These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on November 9, 2021.
F5 Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
F6 These shares were issued in settlement of stock units granted on November 9, 2021.