Julie Gruber - 18 Mar 2022 Form 4 Insider Report for GAP INC (GAP)

Role: Chief Legal&Compliance Officer
Signature: By: JoAnne Zinman, Power of Attorney For: Julie Gruber
Issuer symbol: GAP
Transactions as of: 18 Mar 2022
Net transactions value: -$80,243
Form type: 4
Filing time: 22 Mar 2022, 18:29:46 UTC
Previous filing: 16 Mar 2022
Next filing: 25 Mar 2022
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	+15,000	+61%	$0.000000	39,776	18 Mar 2022	Direct
transaction	GPS	Common Stock	Tax liability	$80,243	-5,187	-13%	$15.47	34,589	18 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	-15,000	-13%	$0.000000	103,343	18 Mar 2022	Common Stock	15,000	$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 18, 2019, the reporting person was granted 30,000 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date.