Amanda J. Thompson - 22 Jan 2025 Form 4 Insider Report for GAP INC (GAP)

Signature
By: Susanna Zhang, Power of Attorney For: Amanda J. Thompson
Issuer symbol
GAP
Transactions as of
22 Jan 2025
Net transactions value
-$213,343
Form type
4
Filing time
23 Jan 2025, 16:36:19 UTC
Previous filing
20 Mar 2024
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +3,033 $0.000000 3,033 22 Jan 2025 Direct
transaction GAP Common Stock Tax liability $31,000 -1,245 -41% $24.90 1,788 22 Jan 2025 Direct
transaction GAP Common Stock Options Exercise $0 +20,226 +1131% $0.000000 22,014 22 Jan 2025 Direct
transaction GAP Common Stock Tax liability $182,343 -7,323 -33% $24.90 14,691 22 Jan 2025 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 GAP Restricted Stock Unit Options Exercise $0 -3,033 -2.9% $0.000000 101,370 22 Jan 2025 Common Stock 3,033 $0.000000 Direct F1, F2
transaction GAP Restricted Stock Unit Options Exercise $0 -20,226 -20% $0.000000 81,144 22 Jan 2025 Common Stock 20,226 $0.000000 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 January 22, 2024, the reporting person was granted 12,135 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 On January 22, 2024, the reporting person was granted 60,679 restricted stock units, vesting over three years as follows: 20,226 shares vest on January 22, 2025; 20,226 shares vest on January 22, 2026; and 20,227 shares vest on January 22, 2027.