Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GPS | Common Stock | Options Exercise | $0 | +25K | +15.31% | $0.00 | 189K | Mar 18, 2022 | Direct | |
transaction | GPS | Common Stock | Tax liability | -$183K | -11.8K | -6.27% | $15.47 | 177K | Mar 18, 2022 | Direct |
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 | -25K | -9.33% | $0.00 | 243K | Mar 18, 2022 | Common Stock | 25K | $0.00 | Direct | F1, F2 |
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 52,411 restricted stock units, vesting 26,205 shares on the second anniversary of the grant date and 26,206 shares on the third anniversary of the grant date. Vesting (but not distribution) is accelerated on retirement eligibility. 1,168 shares were previously withheld for mandatory tax withholding on these restricted stock units upon retirement eligibility (Form 4 filed 12/21/2021). |