Eric Kayen Chan - 08 Jan 2025 Form 4 Insider Report for GAP INC (GAP)

Role: Chief Business & Strat Officer
Signature: By: Susanna Zhang, Power of Attorney For: Eric Chan
Issuer symbol: GAP
Transactions as of: 08 Jan 2025
Net transactions value: -$148,025
Form type: 4
Filing time: 10 Jan 2025, 16:52:43 UTC
Previous filing: 07 Feb 2024
Next filing: 18 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GAP	Common Stock	Options Exercise	$0	+16,564	+1768%	$0.000000	17,501	08 Jan 2025	Direct	F1
transaction	GAP	Common Stock	Tax liability	$148,025	-6,230	-36%	$23.76	11,271	08 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	-16,564	-25%	$0.000000	49,692	08 Jan 2025	Common Stock	16,564	$0.000000	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP).
F2	Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F3	On January 8, 2024, the reporting person was granted 66,256 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.