Amanda J. Thompson - Jan 22, 2025 Form 4 Insider Report for GAP INC (GAP)

Signature
By: Susanna Zhang, Power of Attorney For: Amanda J. Thompson
Stock symbol
GAP
Transactions as of
Jan 22, 2025
Transactions value $
-$213,343
Form type
4
Date filed
1/23/2025, 04:36 PM
Previous filing
Mar 20, 2024
Next filing
Mar 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +3.03K $0.00 3.03K Jan 22, 2025 Direct
transaction GAP Common Stock Tax liability -$31K -1.25K -41.05% $24.90 1.79K Jan 22, 2025 Direct
transaction GAP Common Stock Options Exercise $0 +20.2K +1131.21% $0.00 22K Jan 22, 2025 Direct
transaction GAP Common Stock Tax liability -$182K -7.32K -33.27% $24.90 14.7K Jan 22, 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 Options Exercise $0 -3.03K -2.91% $0.00 101K Jan 22, 2025 Common Stock 3.03K $0.00 Direct F1, F2
transaction GAP Restricted Stock Unit Options Exercise $0 -20.2K -19.95% $0.00 81.1K Jan 22, 2025 Common Stock 20.2K $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 January 22, 2024, the reporting person was granted 12,135 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 On January 22, 2024, the reporting person was granted 60,679 restricted stock units, vesting over three years as follows: 20,226 shares vest on January 22, 2025; 20,226 shares vest on January 22, 2026; and 20,227 shares vest on January 22, 2027.