Salaam Coleman Smith - 22 Mar 2022 Form 4 Insider Report for GAP INC (GAP)

Role
Director
Signature
By: JoAnne Zinman, Power of Attorney For: Salaam Coleman Smith
Issuer symbol
GAP
Transactions as of
22 Mar 2022
Net transactions value
$0
Form type
4
Filing time
24 Mar 2022, 18:52:53 UTC
Previous filing
27 Dec 2021
Next filing
18 May 2022
SEC
View on sec.gov

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 Dividend Equivalent Rights Award $0 +229 $0.000000 229 22 Mar 2022 Common Stock 229 $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 dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
F2 The dividend equivalent rights accrued on stock units originally granted on March 22, 2021, and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
F3 Not applicable.