Kathryn A. Hall - Jun 30, 2025 Form 4 Insider Report for GAP INC (GAP)

Role
Director
Signature
By: Susanna Zhang, Power of Attorney For: Kathryn A. Hall
Stock symbol
GAP
Transactions as of
Jun 30, 2025
Transactions value $
$0
Form type
4
Date filed
7/2/2025, 06:06 PM
Previous filing
Jul 1, 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hall Kathryn A. Director TWO FOLSOM STREET, SAN FRANCISCO By: Susanna Zhang, Power of Attorney For: Kathryn A. Hall 2025-07-02 0001512944

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +2.57K $0.00 2.57K Jun 30, 2025 Direct
transaction GAP Common Stock Options Exercise $0 +20.6K +802.14% $0.00 23.2K Jun 30, 2025 Direct
holding GAP Common Stock 3.39M Jun 30, 2025 See footnote 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 Dividend Equivalent Rights Award $0 +1.38K +57.16% $0.00 3.8K Jun 30, 2025 Common Stock 1.38K $0.00 Direct F2, F3, F4
transaction GAP Dividend Equivalent Rights Options Exercise $0 -2.57K -67.73% $0.00 1.23K Jun 30, 2025 Common Stock 2.57K $0.00 Direct F2, F4, F5
transaction GAP Stock Units Award $0 +8.48K +18.13% $0.00 55.3K Jun 30, 2025 Common Stock 8.48K $0.00 Direct F4, F6, F7
transaction GAP Stock Units Options Exercise $0 -20.6K -37.33% $0.00 34.6K Jun 30, 2025 Common Stock 20.6K $0.00 Direct F4, F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares held directly by KBRWJ Investors LP (KBRWJ). Ms. Hall is the sole managing member of KHALL LLC, which is the general partner of KBRWJ, and, through KHALL LLC, has sole voting and dispositive power over the shares held by KBRWJ in a fiduciary capacity. Pursuant to Instruction 4 (b) (iv) of Form 4, Ms. Hall has elected to report the entire number of securities directly held by KBRWJ. Ms. Hall disclaims beneficial ownership of the shares held directly by KBRWJ, except to the extent of her indirect pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, or otherwise, Ms. Hall is the beneficial owner of all of these shares.
F2 Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
F3 The dividend equivalent rights accrued on stock units originally granted on June 30, 2022, June 30, 2023, and June 30, 2024, and are immediately vested. Vested shares are delivered to the reporting person no sooner than three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
F4 Not applicable.
F5 These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on June 30, 2022.
F6 Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
F7 Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
F8 These shares were issued in settlement of stock units granted on June 30, 2022.