Nancy Green - Aug 15, 2021 Form 4 Insider Report for GAP INC (GPS)

Role
President & CEO, Old Navy
Signature
By: De Anna Mekwunye, Power of Attorney For: Nancy Green
Stock symbol
GPS
Transactions as of
Aug 15, 2021
Transactions value $
-$35,795
Form type
4
Date filed
8/17/2021, 06:37 PM
Previous filing
Jul 19, 2021
Next filing
Oct 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +2.5K +2.29% $0.00 112K Aug 15, 2021 Direct
transaction GPS Common Stock Tax liability -$35.8K -1.24K -1.11% $28.89 110K Aug 15, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPS Restricted Stock Unit Options Exercise $0 -2.5K -0.77% $0.00 320K Aug 15, 2021 Common Stock 2.5K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F2 On August 15, 2018, the reporting person was granted 5,000 restricted stock units, vesting 2,500 shares on the second anniversary of the grant date and 2,500 shares on the third anniversary of the grant date.
F3 Not applicable.