Bob L. Martin - Aug 22, 2023 Form 4 Insider Report for GAP INC (GPS)

Role
Executive Chairman, Director
Signature
By: De Anna Mekwunye, Power of Attorney For: Bob L. Martin
Stock symbol
GPS
Transactions as of
Aug 22, 2023
Transactions value $
$0
Form type
4
Date filed
8/24/2023, 07:58 PM
Previous filing
Aug 3, 2023
Next filing
Nov 2, 2023
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 +63.1K +11.41% $0.00 616K Aug 22, 2023 Common Stock 63.1K $0.00 Direct F1, F2
transaction GPS Restricted Stock Unit Award $0 +16.2K +2.63% $0.00 633K Aug 22, 2023 Common Stock 16.2K $0.00 Direct F1, F3
* 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 22, 2023, Mr. Martin received an award of 63,106 restricted stock units. The restricted stock units will vest 100% on the one-year anniversary of the grant date.
F3 On August 22, 2023, Mr. Martin received an award of 16,213 restricted stock units. The restricted stock units will vest 100% on the one-year anniversary of the grant date.