Salaam Coleman Smith - 30 Jun 2025 Form 4 Insider Report for GAP INC (GAP)

Role
Director
Signature
By: Susanna Zhang, Power of Attorney For: Salaam Coleman Smith
Issuer symbol
GAP
Transactions as of
30 Jun 2025
Net transactions value
$0
Form type
4
Filing time
02 Jul 2025, 16:17:50 UTC
Previous filing
27 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Coleman Salaam Director TWO FOLSOM STREET, SAN FRANCISCO By: Susanna Zhang, Power of Attorney For: Salaam Coleman Smith 02 Jul 2025 0001829968

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +2,572 +32% $0.000000 10,551 30 Jun 2025 Direct
transaction GAP Common Stock Options Exercise $0 +20,631 +196% $0.000000 31,182 30 Jun 2025 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 +1,382 +57% $0.000000 3,799 30 Jun 2025 Common Stock 1,382 $0.000000 Direct F1, F2, F3
transaction GAP Dividend Equivalent Rights Options Exercise $0 -2,573 -68% $0.000000 1,226 30 Jun 2025 Common Stock 2,573 $0.000000 Direct F1, F3, F4
transaction GAP Stock Units Award $0 +8,482 +18% $0.000000 55,264 30 Jun 2025 Common Stock 8,482 $0.000000 Direct F3, F5, F6
transaction GAP Stock Units Options Exercise $0 -20,631 -37% $0.000000 34,633 30 Jun 2025 Common Stock 20,631 $0.000000 Direct F3, F5, F7
* 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 June 30, 2022, June 30, 2023, and June 30, 2024, and are immediately vested. Vested shares are delivered to the reporting person no sooner than three 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 June 30, 2022.
F5 Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
F6 Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
F7 These shares were issued in settlement of stock units granted on June 30, 2022.