Richard Dickson - Nov 8, 2023 Form 4 Insider Report for GAP INC (GPS)

Role
President & CEO, Gap Inc., Director
Signature
By: De Anna Mekwunye, Power of Attorney For: Richard Dickson
Stock symbol
GPS
Transactions as of
Nov 8, 2023
Transactions value $
$0
Form type
4
Date filed
11/13/2023, 06:14 PM
Previous filing
Aug 24, 2023
Next filing
Mar 20, 2024

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 Dividend Equivalent Rights Award $0 +658 $0.00 658 Nov 8, 2023 Common Stock 658 $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 dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
F2 The dividend equivalent rights accrued on stock units originally granted on November 8, 2022, and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
F3 Not applicable.