Sandra Stangl - Mar 14, 2023 Form 4 Insider Report for GAP INC (GPS)

Role
Pres. & CEO, Banana Republic
Signature
By: JoAnne Zinman, Power of Attorney For: Sandra Stangl
Stock symbol
GPS
Transactions as of
Mar 14, 2023
Transactions value $
-$44,637
Form type
4
Date filed
3/16/2023, 06:27 PM
Previous filing
Mar 15, 2023
Next filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +8.6K +50.14% $0.00 25.7K Mar 14, 2023 Direct
transaction GPS Common Stock Tax liability -$29.7K -2.97K -11.55% $9.98 22.8K Mar 14, 2023 Direct
transaction GPS Common Stock Options Exercise $0 +4.44K +19.51% $0.00 27.2K Mar 15, 2023 Direct
transaction GPS Common Stock Tax liability -$15K -1.54K -5.64% $9.75 25.7K Mar 15, 2023 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 GPS Restricted Stock Unit Options Exercise $0 -8.6K -2.84% $0.00 294K Mar 14, 2023 Common Stock 8.6K $0.00 Direct F1, F2
transaction GPS Restricted Stock Unit Options Exercise $0 -4.44K -1.51% $0.00 290K Mar 15, 2023 Common Stock 4.44K $0.00 Direct F1, F3
* 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 34,387 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 On March 15, 2021, the reporting person was granted 17,770 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.