Eric Chan - Jan 8, 2025 Form 4 Insider Report for GAP INC (GAP)

Role
Chief Business & Strat Officer
Signature
By: Susanna Zhang, Power of Attorney For: Eric Chan
Stock symbol
GAP
Transactions as of
Jan 8, 2025
Transactions value $
-$148,025
Form type
4
Date filed
1/10/2025, 04:52 PM
Previous filing
Feb 7, 2024
Next filing
Mar 18, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAP Common Stock Options Exercise $0 +16.6K +1768.37% $0.00 17.5K Jan 8, 2025 Direct F1
transaction GAP Common Stock Tax liability -$148K -6.23K -35.6% $23.76 11.3K Jan 8, 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 -16.6K -25% $0.00 49.7K Jan 8, 2025 Common Stock 16.6K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP).
F2 Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F3 On January 8, 2024, the reporting person was granted 66,256 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.