Home/Filings/4/0000039911-14-000033
4//SEC Filing

GAP INC 4

Accession 0000039911-14-000033

$GAPCIK 0000039911operating

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 8:13 PM ET

Size

18.7 KB

Accession

0000039911-14-000033

Insider Transaction Report

Form 4
Period: 2014-03-17
BANKS MICHELLE
SVP, General Counsel
Transactions
  • Tax Payment

    Common Stock

    2014-03-18$42.14/sh4,046$170,49885,413.706 total
  • Award

    Non-Qualified Stock Option (right to buy)

    2014-03-17+35,00035,000 total
    Exercise: $42.20Exp: 2024-03-17Common Stock (35,000 underlying)
  • Award

    Performance Shares

    2014-03-17+15,86323,621 total
    Exercise: $0.00Common Stock (15,863 underlying)
  • Award

    Restricted Stock Unit

    2014-03-17+15,00027,500 total
    Exercise: $0.00Common Stock (15,000 underlying)
  • Tax Payment

    Common Stock

    2014-03-17$42.20/sh8,276$349,24781,701.706 total
  • Award

    Common Stock

    2014-03-18+7,75889,459.706 total
  • Exercise/Conversion

    Performance Shares

    2014-03-18+7,75831,379 total
    Exercise: $0.00Common Stock (7,758 underlying)
  • Award

    Common Stock

    2014-03-17+15,86389,977.706 total
Footnotes (10)
  • [F1]Represents shares issued upon completion of a three-year (2011 - 2013) performance cycle and a one-year vesting period under the Company's Long-Term Growth Program. For additional information on the Company's Long-Term Growth Plan, please see the Company's Proxy Statement for its 2013 Annual Shareholder Meeting, available on gapinc.com.
  • [F10]7,500 shares vest on March 17, 2016 and 7,500 vest on March 17, 2017.
  • [F2]Represents shares issued upon completion of a three-year (2010 - 2012) performance cycle and a one-year vesting period under the Company's Long-Term Growth Program. For additional information on the Company's Long-Term Growth Plan, please see the Company's Proxy Statement for its 2013 Annual Shareholder Meeting, available on gapinc.com.
  • [F3]The options under this grant become exercisable in four equal annual installments beginning one year from date of grant. Date of grant is 10 years prior to expiration date.
  • [F4]Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
  • [F5]Represents Performance Shares earned following completion of a three-year (2011 - 2013) performance cycle and a one-year vesting period under the Company's Long-Term Growth Plan.
  • [F6]Shares will vest on March 17, 2015.
  • [F7]Not applicable.
  • [F8]Represents Performance Shares earned following completion of a three-year (2010 - 2012) performance cycle and a one-year vesting period under the Company's Long-Term Growth Program.
  • [F9]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.

Issuer

GAP INC

CIK 0000039911

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000039911

Filing Metadata

Form type
4
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 8:13 PM ET
Size
18.7 KB