John Strain - 14 Mar 2022 Form 4 Insider Report for GAP INC (GAP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Mar 2022, 19:59:56 UTC
Prior SEC filing
16 Nov 2021
Next SEC filing
17 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: JoAnne Zinman, Power of Attorney For: John Strain

Key filing fact

John Strain filed Form 4 for GAP INC (GAP) on 16 Mar 2022.

Key facts

  • This page summarizes John Strain's Form 4 filing for GAP INC (GAP).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 16 Mar 2022, 19:59.

Change

  • Previous filing in this sequence was filed on 16 Nov 2021.
  • Current net transaction value: -$14,298.

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
+2,881
Change %
+12%
Price
$0.000000
Shares after
27,323
Date
15 Mar 2022
Ownership
Direct
Footnotes
F1
GPS transaction

Common Stock

Tax liability

Transaction value
$14,298
Shares
-980
Change %
-3.6%
Price
$14.59
Shares after
26,343
Date
15 Mar 2022
Ownership
Direct

Reported derivative securities

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

GPS transaction Derivative

Non-Qualified Stock Option (right to buy)

Award

Transaction value
$0
Shares
+68,514
Change %
Price
$0.000000
Shares after
68,514
Date
14 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
68,514
Exercise price
$13.93
Footnotes
F2
GPS transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+24,071
Change %
+31%
Price
$0.000000
Shares after
101,644
Date
14 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
24,071
Exercise price
$0.000000
Footnotes
F3, F4
GPS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-2,881
Change %
-2.8%
Price
$0.000000
Shares after
98,763
Date
15 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,881
Exercise price
$0.000000
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan.

Footnote F2

On March 14, 2022, the reporting person was granted an option to purchase a total of 68,514 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.

Footnote F3

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

Footnote F4

On March 14, 2022, the reporting person was granted 24,071 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.

Footnote F5

On March 15, 2021, the reporting person was granted 11,526 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.

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