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GAP INC 4

Accession 0000039911-14-000043

$GAPCIK 0000039911operating
View on SEC.govCompany Profile

Filed

Mar 19, 8:00 PM ET

Accepted

Mar 20, 7:46 PM ET

Size

16.4 KB

Accession

0000039911-14-000043

Insider Transaction Report

Form 4
Period: 2014-03-17
GAP INCGPS
Sunnucks Stephen
Global President, Gap Brand
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2014-03-17+90,000→ 90,000 total
    Exercise: $42.20Exp: 2024-03-17→ Common Stock (90,000 underlying)
  • Exercise/Conversion

    Performance Shares

    2014-03-18−11,015→ 7,944 total
    Exercise: $0.00→ Common Stock (11,015 underlying)
  • Award

    Performance Shares

    2014-03-17+7,944→ 18,959 total
    Exercise: $0.00→ Common Stock (7,944 underlying)
  • Award

    Common Stock

    2014-03-17+7,943→ 206,019 total
  • Tax Payment

    Common Stock

    2014-03-17$42.20/sh−3,732$157,490→ 202,287 total
  • Award

    Common Stock

    2014-03-18+11,015→ 213,302 total
  • Tax Payment

    Common Stock

    2014-03-18$42.14/sh−5,175$218,075→ 208,127 total
Footnotes (8)
  • [F1]Represents shares issued upon completion of a three-year (2011 - 2013) performance cycle 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.
  • [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 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.

Documents

1 file

Issuer

GAP INC

CIK 0000039911

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000039911

Filing Metadata

Form type
4
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 7:46 PM ET
Size
16.4 KB
View on SEC.gov