Katrina O'Connell - 13 Aug 2021 Form 4 Insider Report for GAP INC (GPS)

Role
EVP CFO
Signature
By: JoAnne Zinman, Power of Attorney For: Katrina O'Connell
Issuer symbol
GPS
Transactions as of
13 Aug 2021
Transactions value $
-$214,855
Form type
4
Filing time
16 Aug 2021, 17:13:23 UTC
Previous filing
12 Aug 2021
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +15,000 $0 15,000 13 Aug 2021 Direct
transaction GPS Common Stock Tax liability -$214,854 -7,437 -50% $28.89 7,563 13 Aug 2021 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 GPS Restricted Stock Unit Options Exercise $0 -15,000 -14% $0 95,361 13 Aug 2021 Common Stock 15,000 $0 Direct F1, F2
* 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 August 13, 2019, the reporting person was granted 30,000 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date.