Bob L. Martin - 01 Jun 2022 Form 4 Insider Report for GAP INC (GPS)

Role
Executive Chairman, Director
Signature
By: JoAnne Zinman, Power of Attorney For: Bob L. Martin
Issuer symbol
GPS
Transactions as of
01 Jun 2022
Transactions value $
$0
Form type
4
Date filed
03 Jun 2022, 16:32
Previous filing
26 May 2022
Next filing
05 Jul 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPS Restricted Stock Unit Award $0 +255K $0.00 255K 01 Jun 2022 Common Stock 255K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F2 On June 1, 2022, the reporting person was granted 254,885 restricted stock units, vesting in full on the first anniversary of the grant date. Pursuant to the terms of the grant agreement, the shares issued upon vesting are subject to an additional two-year holding requirement.