John J. Fisher - May 10, 2022 Form 4 Insider Report for GAP INC (GPS)

Role
10%+ Owner
Signature
Jane Spray, Attorney-in-fact
Stock symbol
GPS
Transactions as of
May 10, 2022
Transactions value $
$0
Form type
4
Date filed
5/12/2022, 08:31 PM
Previous filing
Mar 4, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +5.88K +0.07% $0.00 8.47M May 10, 2022 Direct F1
transaction GPS Common Stock Options Exercise $0 +651 +0.01% $0.00 8.47M May 10, 2022 Direct F2
transaction GPS Common Stock Options Exercise $0 +12.7K +0.15% $0.00 8.48M May 10, 2022 Direct F3
transaction GPS Common Stock Options Exercise $0 +636 +0.01% $0.00 8.48M May 10, 2022 Direct F4
transaction GPS Common Stock Options Exercise $0 +5.05K +0.06% $0.00 8.49M May 10, 2022 Direct F5
transaction GPS Common Stock Options Exercise $0 +215 +0% $0.00 8.49M May 10, 2022 Direct F6
holding GPS Common Stock 47.4K May 10, 2022 By Spouse
holding GPS Common Stock 27M May 10, 2022 By FCH TBML LLC F7
holding GPS Common Stock 5.97M May 10, 2022 By Trusts
holding GPS Common Stock 4.27M May 10, 2022 By Trust
holding GPS Common Stock 1.58M May 10, 2022 By Trust
holding GPS Common Stock 1.66M May 10, 2022 By Trust F8
holding GPS Common Stock 20K May 10, 2022 By Limited Partnership

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 GPS Stock Units Options Exercise $0 -5.88K -100% $0.00* 0 May 10, 2022 Common Stock 5.88K $0.00 Direct F1
transaction GPS Dividend Equivalent Rights Options Exercise $0 -651 -100% $0.00* 0 May 10, 2022 Common Stock 651 $0.00 Direct F2
transaction GPS Stock Units Options Exercise $0 -12.7K $0.00 $0 May 10, 2022 Common Stock 12.7K $0.00 Direct F3
transaction GPS Dividend Equivalent Rights Options Exercise $0 -637 -100% $0.00* 0 May 10, 2022 Common Stock 637 $0.00 Direct F4
transaction GPS Stock Units Options Exercise $0 -5.05K -100% $0.00* 0 May 10, 2022 Common Stock 5.05K $0.00 Direct F5
transaction GPS Dividend Equivalent Rights Options Exercise $0 -216 -100% $0.00* 0 May 10, 2022 Common Stock 216 $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 5,878 shares were issued in settlement of the stock units originally granted to the reporting person on June 30, 2019. Each stock unit represented the right to receive one share of The Gap, Inc. common stock ("Gap Common Stock").
F2 651 shares were issued in settlement of dividend equivalent rights on the above-referenced stock units originally granted to the reporting person on June 30, 2019. Each equivalent right was the economic equivalent of one share of Gap Common Stock.
F3 12,678 shares were issued in settlement of the stock units originally granted to the reporting person on June 30, 2020. Each stock unit represented the right to receive one share of Gap Common Stock.
F4 636 shares were issued in settlement of dividend equivalent rights on the above-referenced stock units originally granted to the reporting person on June 30, 2020. Each equivalent right was the economic equivalent of one share of Gap Common Stock.
F5 5,052 shares were issued in settlement of the stock units originally granted to the reporting person on June 30, 2021. Each stock unit represented the right to receive one share of Gap Common Stock.
F6 215 shares were issued in settlement of dividend equivalent rights on the above-referenced stock units originally granted to the reporting person on June 30, 2021. Each equivalent right was the economic equivalent of one share of Gap Common Stock.
F7 The reporting person is the sole manager and a member of FCH TBML LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBML LLC, the reporting person may be deemed to have indirect beneficial ownership of the 27,000,000 shares of Gap Common Stock of which FCH TBML LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBML LLC except to the extent of his pecuniary interest therein.
F8 The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by the trust except to the extent of his indirect pecuniary interest therein.