Mary Beth Laughton - Mar 16, 2022 Form 4 Insider Report for GAP INC (GPS)

Role
President & CEO, Athleta
Signature
By: JoAnne Zinman, Power of Attorney For: Mary Beth Laughton
Stock symbol
GPS
Transactions as of
Mar 16, 2022
Transactions value $
-$156,255
Form type
4
Date filed
3/18/2022, 02:42 PM
Previous filing
Mar 16, 2022
Next filing
Oct 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPS Common Stock Options Exercise $0 +29.1K +233.84% $0.00 41.6K Mar 16, 2022 Direct
transaction GPS Common Stock Tax liability -$156K -10.1K -24.22% $15.52 31.5K Mar 16, 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 -29.1K -12.13% $0.00 211K Mar 16, 2022 Common Stock 29.1K $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 16, 2020, the reporting person was granted 58,233 restricted stock units, vesting 29,116 shares on March 16, 2022 and 29,117 shares on March 16, 2023.