Sheila Peters - 23 Mar 2023 Form 4 Insider Report for GAP INC (GAP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
27 Mar 2023, 18:19:53 UTC
Prior SEC filing
16 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: JoAnne Zinman, Power of Attorney For: Sheila Peters

Key filing fact

Sheila Peters filed Form 4 for GAP INC (GAP) on 27 Mar 2023.

Key facts

  • This page summarizes Sheila Peters's Form 4 filing for GAP INC (GAP).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 27 Mar 2023, 18:19.

Change

  • Previous filing in this sequence was filed on 16 Mar 2023.
  • Current net transaction value: -$22,683.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GPS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+7,962
Change %
+32%
Price
$0.000000
Shares after
33,010
Date
23 Mar 2023
Ownership
Direct
GPS transaction

Common Stock

Tax liability

Transaction value
$22,683
Shares
-2,566
Change %
-7.8%
Price
$8.84
Shares after
30,444
Date
23 Mar 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GPS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-7,962
Change %
-9.3%
Price
$0.000000
Shares after
77,413
Date
23 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,962
Exercise price
$0.000000
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.

Footnote F2

On March 23, 2020, the reporting person was granted 31,847 restricted stock units, vesting 7,961 shares on the first anniversary of the grant date and 7,962 shares on the second, third and fourth anniversary of the grant date. Vesting (but not distribution) is accelerated on retirement eligibility, subject to the restricted stock units being held for one year following the grant date. 816 shares were previously withheld for mandatory tax withholding on these restricted stock units due to retirement eligibility (Form 4 filed 03/25/2021).

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