Amanda J. Thompson - Jan 22, 2024 Form 4 Insider Report for GAP INC (GPS)

Signature
By: De Anna Mekwunye, Power of Attorney For: Amanda J. Thompson
Stock symbol
GPS
Transactions as of
Jan 22, 2024
Transactions value $
$0
Form type
4
Date filed
1/25/2024, 02:36 PM
Previous filing
Aug 4, 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 Restricted Stock Unit Award $0 +12.1K $0.00 12.1K Jan 22, 2024 Common Stock 12.1K $0.00 Direct F1, F2
transaction GPS Restricted Stock Unit Award $0 +60.7K +500.03% $0.00 72.8K Jan 22, 2024 Common Stock 60.7K $0.00 Direct F1, 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 January 22, 2024, the reporting person was granted 12,135 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 On January 22, 2024, the reporting person was granted 60,679 restricted stock units, vesting over three years as follows: 20,226 shares vest on January 22, 2025; 20,226 shares vest on January 22, 2026; and 20,227 shares vest on January 22, 2027.