Filing Details
- Accession Number:
- 0000039911-23-000093
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-03 19:26:23
- Reporting Period:
- 2023-08-01
- Accepted Time:
- 2023-08-03 19:26:23
- 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 |
|---|---|---|---|---|---|---|---|
| 1938922 | Horacio Barbeito | Two Folsom St San Francisco CA 94105-1205 | President & Ceo, Old Navy | 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 | Acquisiton | 2023-08-01 | 262,172 | $0.00 | 262,172 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-08-01 | 107,573 | $10.62 | 154,599 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-08-02 | 154,599 | $10.26 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Disposition | 2023-08-01 | 262,172 | $0.00 | 262,172 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 259,657 | No | 4 | M | 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 December 2, 2022.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.08 to $10.43, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- On August 1, 2022, the reporting person was granted 393,258 restricted stock units, vesting two-thirds of the total grant on the first anniversary of the grant date and the remaining one-third vesting on the second anniversary of the grant date.
Billionaire Hedge Funds
