Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GPS | Common Stock | Options Exercise | $0 | +14.5K | +46.18% | $0.00 | 45.9K | Nov 13, 2021 | Direct | |
transaction | GPS | Common Stock | Tax liability | -$178K | -7.19K | -15.66% | $24.82 | 38.7K | Nov 13, 2021 | Direct | |
transaction | GPS | Common Stock | Sale | -$172K | -6.95K | -17.94% | $24.71 | 31.8K | Nov 16, 2021 | Direct | F1, F2 |
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 | -14.5K | -4.63% | $0.00 | 299K | Nov 13, 2021 | Common Stock | 14.5K | $0.00 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2021. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.59 to $24.87, inclusive. 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 transactions were effected. |
F3 | Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. |
F4 | On November 13, 2019, the reporting person was granted 29,000 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date. |