Key facts
- This page summarizes Jorge P. Montoya's Form 4 filing for GAP INC (GAP).
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 12 May 2022, 15:04.
Jorge P. Montoya - 10 May 2022 Form 4 Insider Report for GAP INC (GAP)
- Reporting relationship
- Director
- Issuer ticker
- GAP
- Reported as of
- 10 May 2022
- Net transaction value
- -$33,611
- SEC form
- 4
- Accepted by SEC
- 12 May 2022, 15:04:04 UTC
- Prior SEC filing
- 02 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
- By: JoAnne Zinman, Power of Attorney For: Jorge Montoya
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jorge P. Montoya filed Form 4 for GAP INC (GAP) on 12 May 2022.
Change
- Previous filing in this sequence was filed on 02 Jul 2021.
- Current net transaction value: -$33,611.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GPS
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +28,470
- Change %
- +56%
- Price
- $0.000000
- Shares after
- 79,116
- Date
- 10 May 2022
- Ownership
- Direct
GPS
transaction
Common Stock
Tax liability
- Transaction value
- $33,611
- Shares
- -2,815
- Change %
- -3.6%
- Price
- $11.94
- Shares after
- 76,301
- Date
- 10 May 2022
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GPS
transaction
Derivative
Dividend Equivalent Rights
Award
- Transaction value
- $0
- Shares
- +1,165
- Change %
- +173%
- Price
- $0.000000
- Shares after
- 1,837
- Date
- 10 May 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,165
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F3
GPS
transaction
Derivative
Dividend Equivalent Rights
Options Exercise
- Transaction value
- $0
- Shares
- -1,837
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 10 May 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,837
- Exercise price
- $0.000000
- Footnotes
- F1, F3, F4
GPS
transaction
Derivative
Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -26,633
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 10 May 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 26,633
- Exercise price
- $0.000000
- Footnotes
- F3, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Jorge P. Montoya is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 6 footnotes
Footnote F1
Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
Footnote F2
The dividend equivalent rights accrued on stock units originally granted on June 30, 2019, June 30, 2020, and June 30, 2021, are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier. The reporting person's service on the Board ended on May 10, 2022.
Footnote F3
Not applicable.
Footnote F4
These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on June 30, 2019, June 30, 2020, and June 30, 2021.
Footnote F5
Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
Footnote F6
These shares were issued in settlement of stock units granted on June 30, 2019, June 30, 2020, and June 30, 2021.