Filing Details

Accession Number:
0000039911-13-000037
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-20 19:30:28
Reporting Period:
2013-03-18
Filing Date:
2013-03-20
Accepted Time:
2013-03-20 19:30:28
SEC Url:
Form 4 Filing
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
1561560 Jack Calhoun Two Folsom St
San Francisco CA 94105-1205
Global President, 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 Explanation
Common Stock Disposition 2013-03-18 24,633 $36.51 2,216 No 4 S Direct
Common Stock Acquisiton 2013-03-18 14,928 $0.00 17,144 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2013-03-18 80,000 $0.00 80,000 $36.45
Common Stock Performance Shares Acquisiton 2013-03-18 14,928 $0.00 14,928 $0.00
Common Stock Restricted Stock Unit Acquisiton 2013-03-18 50,000 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
80,000 2023-03-18 No 4 A Direct
14,928 No 4 A Direct
150,000 No 4 A Direct
Footnotes
  1. Represents shares issued upon completion of a three year (2010-2012) performance cycle under the Company's Long-Term Growth Program. For additional information on the Company's Long-Term Growth Program, please see the Company's Proxy Statement for its 2012 Annual Shareholders Meeting, available on gapinc.com.
  2. The options under this grant become exercisable in four equal annual installments beginning one year from date of grant. Date of grant is 10 years prior to expiration date.
  3. Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
  4. Represents Performance Shares earned following completion of a three year (2010-2012) performance cycle under the Company's Long-Term Growth Program.
  5. Shares will vest on March 18, 2014.
  6. Not applicable.
  7. Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
  8. 25,000 shares vest on March 18, 2015 and 25,000 shares vest on March 18, 2016.