Richard Dickson - Mar 17, 2025 Form 4 Insider Report for GAP INC (GAP)

Role
President & CEO, Gap Inc., Director
Signature
By: De Anna Mekwunye, Power of Attorney For: Richard Dickson
Stock symbol
GAP
Transactions as of
Mar 17, 2025
Transactions value $
-$480,812
Form type
4
Date filed
3/18/2025, 09:19 PM
Previous filing
Nov 12, 2024
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 +44.4K +27.53% $0.00 206K Mar 18, 2025 Direct F1
transaction GAP Common Stock Tax liability -$481K -23.9K -11.62% $20.10 182K Mar 18, 2025 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 GAP Restricted Stock Unit Award $0 +174K +23.58% $0.00 914K Mar 17, 2025 Common Stock 174K $0.00 Direct F2, F3
transaction GAP Restricted Stock Unit Options Exercise $0 -44.4K -4.86% $0.00 870K Mar 18, 2025 Common Stock 44.4K $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 Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP).
F2 Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F3 On March 17, 2025, the reporting person was granted 174,418 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F4 On March 18, 2024, the reporting person was granted 177,690 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.