Mary Beth Laughton - 28 Oct 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
01 Nov 2022, 16:24:17 UTC
Prior SEC filing
28 Oct 2022
Next SEC filing
19 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: JoAnne Zinman, Power of Attorney For: Mary Beth Laughton

Key filing fact

Mary Beth Laughton filed Form 4 for GAP INC (GAP) on 01 Nov 2022.

Key facts

  • This page summarizes Mary Beth Laughton's Form 4 filing for GAP INC (GAP).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 Nov 2022, 16:24.

Change

  • Previous filing in this sequence was filed on 28 Oct 2022.
  • Current net transaction value: -$246,408.

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
+21,875
Change %
+69%
Price
$0.000000
Shares after
53,436
Date
28 Oct 2022
Ownership
Direct
GPS transaction

Common Stock

Tax liability

Transaction value
$122,006
Shares
-10,845
Change %
-20%
Price
$11.25
Shares after
42,591
Date
28 Oct 2022
Ownership
Direct
GPS transaction

Common Stock

Sale

Transaction value
$124,402
Shares
-11,030
Change %
-26%
Price
$11.28
Shares after
31,561
Date
31 Oct 2022
Ownership
Direct
Footnotes
F1, F2

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
-21,875
Change %
-11%
Price
$0.000000
Shares after
176,400
Date
28 Oct 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,875
Exercise price
$0.000000
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2021.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.18 to $11.38, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Footnote F3

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

Footnote F4

On October 28, 2019, the reporting person was granted 87,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.

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