Katrina O'Connell - 23 Mar 2023 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 2023
Net transactions value
-$60,837
Form type
4
Filing time
27 Mar 2023, 17:54:50 UTC
Previous filing
16 Mar 2023
Next filing
30 Aug 2023
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 +173% $0.000000 31,391 23 Mar 2023 Direct
transaction GPS Common Stock Tax liability $60,837 -6,882 -22% $8.84 24,509 23 Mar 2023 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 -6.8% $0.000000 273,480 23 Mar 2023 Common Stock 19,904 $0.000000 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 shares on the first, second, and third anniversary of the grant date and 19,905 shares on the fourth anniversary of the grant date.