Bob L. Martin - 30 Oct 2023 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
02 Nov 2023, 20:43:52 UTC
Prior SEC filing
24 Aug 2023
Next SEC filing
22 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: De Anna Mekwunye, Power of Attorney For: Bob L. Martin

Key filing fact

Bob L. Martin filed Form 4 for GAP INC (GAP) on 02 Nov 2023.

Key facts

  • This page summarizes Bob L. Martin's Form 4 filing for GAP INC (GAP).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Nov 2023, 20:43.

Change

  • Previous filing in this sequence was filed on 24 Aug 2023.
  • Current net transaction value: -$1,098,381.

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
+194,805
Change %
+35%
Price
$0.000000
Shares after
759,047
Date
31 Oct 2023
Ownership
Direct
GPS transaction

Common Stock

Tax liability

Transaction value
$1,098,381
Shares
-85,811
Change %
-11%
Price
$12.80
Shares after
673,236
Date
31 Oct 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
-194,805
Change %
-31%
Price
$0.000000
Shares after
437,725
Date
31 Oct 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
194,805
Exercise price
$0.000000
Footnotes
F1, F2
GPS transaction Derivative

Stock Units

Award

Transaction value
$0
Shares
+8,591
Change %
Price
$0.000000
Shares after
8,591
Date
30 Oct 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,591
Exercise price
$0.000000
Footnotes
F3, F4, 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

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

Footnote F2

On October 31, 2022, the reporting person was granted 194,805 restricted stock units, vesting in full on the one-year anniversary of the grant date, subject to Mr. Martin's continued service as an employee, director or consultant for the Company.

Footnote F3

Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.

Footnote F4

Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.

Footnote F5

Not applicable.

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