John J. Fisher - 07 Dec 2023 Form 4 Insider Report for GAP INC (GPS)

Role
10%+ Owner
Signature
/s/ Jane Spray, Attorney-in-fact
Issuer symbol
GPS
Transactions as of
07 Dec 2023
Transactions value $
-$32,386,727
Form type
4
Filing time
11 Dec 2023, 18:12:38
Previous filing
01 Dec 2023
Next filing
08 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 Sale -$10.2M -478K -11.2% $21.38 3.79M 07 Dec 2023 By Trust F1
transaction GPS Common Stock Sale -$22.2M -1.02M -26.93% $21.69 2.77M 08 Dec 2023 By Trust F2
holding GPS Common Stock 7.32M 07 Dec 2023 Direct
holding GPS Common Stock 49.2K 07 Dec 2023 By Spouse
holding GPS Common Stock 27M 07 Dec 2023 By FCH TBML LLC F3
holding GPS Common Stock 5.94M 07 Dec 2023 By Trusts
holding GPS Common Stock 1.16M 07 Dec 2023 By Trusts
holding GPS Common Stock 1.58M 07 Dec 2023 By Trust
holding GPS Common Stock 20K 07 Dec 2023 By Limited Partnership
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $21.29 to $21.45. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $21.30 to $21.81. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 The reporting person is the sole manager and a member of FCH TBML LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBML LLC, the reporting person may be deemed to have indirect beneficial ownership of the 27,000,000 shares of Gap Common Stock of which FCH TBML LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBML LLC except to the extent of his pecuniary interest therein.