Home > Insider Trading > Filing (0000039911-16-000263)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
39911	Gap Inc	GPS	Retail-Family Clothing Stores (5651)	941697231

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1411337	Sabrina Simmons	Two Folsom St San Francisco CA 94105-1205	Evp & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2016-03-16	29,498	$0.00	35,936	No	4	M	Direct
Common Stock	Disposition	2016-03-16	11,953	$29.28	23,983	No	4	F	Direct
Common Stock	Acquisiton	2016-03-17	12,500	$0.00	36,483	No	4	M	Direct
Common Stock	Disposition	2016-03-17	17,545	$29.52	18,938	No	4	S	Direct
Common Stock	Disposition	2016-03-17	6,522	$29.90	12,416	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	S	Direct
No	4	F	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance Shares	Disposition	2016-03-16	29,498	$0.00	29,498	$0.00
Common Stock	Restricted Stock Unit	Disposition	2016-03-17	12,500	$0.00	12,500	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
10,298			No	4	M	Direct
87,500			No	4	M	Direct

Footnotes

Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2015.
On March 16, 2015 the Company's Compensation and Management Development Committee certified that the reporting person earned 58,996 Performance Shares following completion of a three-year (2012-2014) performance cycle under the Company's Long-Term Growth program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date (subject to the reporting person's continued service with the Company.)
On March 17, 2014 the reporting person was granted 25,000 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date.