Filing Details

Accession Number:
0000039911-24-000086
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-20 21:48:00
Reporting Period:
2024-03-18
Accepted Time:
2024-03-20 21:48:00
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
1666689 Julie Gruber Two Folsom Street
San Francisco CA 94105-1205
Chief Legal&Compliance 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 Acquisiton 2024-03-19 74,252 $6.28 109,312 No 4 M Direct
Common Stock Disposition 2024-03-19 74,252 $25.00 35,060 No 4 S Direct
Common Stock Disposition 2024-03-19 33,676 $25.00 1,384 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
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) Disposition 2024-03-19 74,252 $0.00 74,252 $6.28
Common Stock Restricted Stock Unit Acquisiton 2024-03-18 41,954 $0.00 41,954 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
120,420 2030-03-23 No 4 M Direct
152,147 No 4 A Direct
Footnotes
  1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2023.
  2. On March 23, 2020, the reporting person was granted an option to purchase a total of 204,672 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
  3. Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
  4. On March 18, 2024, the reporting person was granted 41,954 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.