Sonia Syngal - 23 Mar 2022 Form 4 Insider Report for GAP INC (GAP)

Role
CEO Gap, Inc., Director
Signature
By: JoAnne Zinman, Power of Attorney For: Sonia Syngal
Issuer symbol
GAP
Transactions as of
23 Mar 2022
Net transactions value
-$499,865
Form type
4
Filing time
25 Mar 2022, 17:16:51 UTC
Previous filing
16 Mar 2022
Next filing
30 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +71,656 +88% $0.000000 152,890 23 Mar 2022 Direct
transaction GPS Common Stock Tax liability $499,865 -35,527 -23% $14.07 117,363 23 Mar 2022 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 -71,656 -17% $0.000000 345,858 23 Mar 2022 Common Stock 71,656 $0.000000 Direct F1, F2
* 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 23, 2020, the reporting person was granted 286,624 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.