Katrina O'Connell - Mar 13, 2025 Form 4 Insider Report for GAP INC (GAP)

Role
Chief Financial Officer
Signature
By: De Anna Mekwunye, Power of Attorney For: Katrina O'Connell
Stock symbol
GAP
Transactions as of
Mar 13, 2025
Transactions value $
-$689,763
Form type
4
Date filed
3/14/2025, 06:18 PM
Previous filing
Dec 17, 2024
Next filing
Mar 17, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +25K $0.00 25K Mar 13, 2025 Direct
transaction GAP Common Stock Tax liability -$188K -8.95K -35.78% $21.03 16.1K Mar 13, 2025 Direct
transaction GAP Common Stock Options Exercise $0 +53.6K +333.67% $0.00 69.6K Mar 13, 2025 Direct
transaction GAP Common Stock Tax liability -$502K -23.9K -34.26% $21.03 45.8K Mar 13, 2025 Direct
holding GAP Common Stock 670 Mar 13, 2025 by Trust F1

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 GAP Restricted Stock Unit Options Exercise $0 -25K -11.04% $0.00 202K Mar 13, 2025 Common Stock 25K $0.00 Direct F2, F3
transaction GAP Restricted Stock Unit Options Exercise $0 -53.6K -26.58% $0.00 148K Mar 13, 2025 Common Stock 53.6K $0.00 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person and members of her immediate family are among the beneficiaries of this family trust. The reporting person disclaims beneficial ownership of the Gap Inc. common stock held by the trust except to the extent of her pecuniary interest therein.
F2 Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F3 On March 13, 2023, the reporting person was granted 100,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F4 On March 13, 2023, the reporting person was granted 107,142 restricted stock units, vesting in two equal annual installments beginning on the first anniversary of the grant date.