Katrina O'Connell - 23 Mar 2022 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
23 Mar 2022
Transactions value $
-$96,830
Form type
4
Filing time
25 Mar 2022, 17:03:33 UTC
Previous filing
16 Mar 2022
Next filing
16 Aug 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 +19,904 +186% $0 30,613 23 Mar 2022 Direct
transaction GPS Common Stock Tax liability -$96,829 -6,882 -22% $14.07 23,731 23 Mar 2022 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 -19,904 -14% $0 118,798 23 Mar 2022 Common Stock 19,904 $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 March 23, 2020, the reporting person was granted 79,617 restricted stock units, vesting 19,904 on the first, second, and third anniversary of the grant date and 19,905 on the fourth anniversary of the grant date.