Robert J. Fisher - 03 Dec 2024 Form 4 Insider Report for GAP INC (GAP)

Signature
/s/ Louisa Ritter, Attorney-in-Fact
Issuer symbol
GAP
Transactions as of
03 Dec 2024
Net transactions value
-$12,901,950
Form type
4
Filing time
05 Dec 2024, 17:09:10 UTC
Previous filing
11 Oct 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Sale $6,446,225 -250,000 -6.5% $25.78 3,579,502 03 Dec 2024 By Trust F1
transaction GAP Common Stock Sale $6,455,725 -250,000 -7% $25.82 3,329,502 04 Dec 2024 By Trust F2
holding GAP Common Stock 7,971,855 03 Dec 2024 Direct
holding GAP Common Stock 27,000,000 03 Dec 2024 By FCH TBME LLC F3
holding GAP Common Stock 131,382 03 Dec 2024 By Spouse
holding GAP Common Stock 15,000 03 Dec 2024 By Limited Partnerships
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $25.67 to $26.03. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $25.50 to $26.015. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 The reporting person is the sole manager and a member of FCH TBME LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBME LLC, the reporting person may be deemed to have an indirect beneficial ownership of the 27,000,000 shares of Gap Common Stock of which FCH TBME LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBME LLC except to the extent of his pecuniary interest therein.