Filing Details
- Accession Number:
- 0000039911-21-000031
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-17 19:12:05
- Reporting Period:
- 2021-03-15
- Accepted Time:
- 2021-03-17 19:12:05
- 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 |
|---|---|---|---|---|---|---|---|
| 1807087 | Sheila Peters | Two Folsom St San Francisco CA 94105-1205 | Evp & Chief People Officer | 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 | 2021-03-15 | 2,977 | $32.50 | 979 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | 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 | 2021-03-15 | 23,756 | $0.00 | 23,756 | $32.25 |
| Common Stock | Restricted Stock Unit | Acquisiton | 2021-03-15 | 8,068 | $0.00 | 8,068 | $0.00 |
| Common Stock | Restricted Stock Unit | Acquisiton | 2021-03-15 | 960 | $0.00 | 960 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 23,756 | 2031-03-15 | No | 4 | A | Direct | |
| 63,097 | No | 4 | A | Direct | ||
| 64,057 | No | 4 | A | Direct |
Footnotes
- The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 27, 2020.
- On March 15, 2021, the reporting person was granted an option to purchase a total of 23,756 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- On March 15, 2021, the reporting person was granted 8,068 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- On March 15, 2021, the reporting person was granted 960 restricted stock units, vesting 480 shares on the second anniversary of the grant date and 480 shares on the third anniversary of the grant date.
Billionaire Hedge Funds
