Sonia Syngal - Mar 23, 2022 Form 4 Insider Report for GAP INC (GPS)

Role
CEO Gap, Inc., Director
Signature
By: JoAnne Zinman, Power of Attorney For: Sonia Syngal
Stock symbol
GPS
Transactions as of
Mar 23, 2022
Transactions value $
-$499,865
Form type
4
Date filed
3/25/2022, 05:16 PM
Previous filing
Mar 16, 2022
Next filing
Sep 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +71.7K +88.21% $0.00 153K Mar 23, 2022 Direct
transaction GPS Common Stock Tax liability -$500K -35.5K -23.24% $14.07 117K Mar 23, 2022 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 -71.7K -17.16% $0.00 346K Mar 23, 2022 Common Stock 71.7K $0.00 Direct F1, F2
* 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 March 23, 2020, the reporting person was granted 286,624 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.