Nancy Green - 08 Oct 2021 Form 4 Insider Report for GAP INC (GAP)

Role
President & CEO, Old Navy
Signature
By: JoAnne Zinman, Power of Attorney For: Nancy Green
Issuer symbol
GAP
Transactions as of
08 Oct 2021
Net transactions value
-$57,977
Form type
4
Filing time
12 Oct 2021, 17:32:23 UTC
Previous filing
17 Aug 2021
Next filing
02 Nov 2021
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 +5,042 +4.6% $0.000000 115,376 08 Oct 2021 Direct
transaction GPS Common Stock Tax liability $57,977 -2,499 -2.2% $23.20 112,877 08 Oct 2021 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 -5,042 -1.6% $0.000000 315,332 08 Oct 2021 Common Stock 5,042 $0.000000 Direct F1, F2, 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 October 8, 2020, the reporting person was granted 20,171 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 Not applicable.