Gurmeet Singh - 01 Aug 2023 Form 4 Insider Report for GAP INC (GPS)

Role: Chief Digital & Tech Officer
Signature: By: De Anna Mekwunye, Power of Attorney For: Gurmeet Singh
Issuer symbol: GPS
Transactions as of: 01 Aug 2023
Transactions value $: $-475,086
Form type: 4
Filing time: 03 Aug 2023, 19:27:07 UTC
Previous filing: 10 Apr 2023
Next filing: 14 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPS	Common Stock	Options Exercise	$0	+134,832		$0.000000	134,832	01 Aug 2023	Direct
transaction	GPS	Common Stock	Tax liability	$-475,086	-44,735	-33.2%	$10.62	90,097	01 Aug 2023	Direct

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	Options Exercise	$0	-134,832	-46.8%	$0.000000	153,129	01 Aug 2023	Common Stock	134,832	$0.000000	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 August 1, 2022, the reporting person was granted 202,247 restricted stock units, vesting in 134,832 shares on the first anniversary of the grant date and vesting in 67,415 shares on the second anniversary of the grant date.