GAP INC 4
4 · GAP INC · Filed Aug 25, 2014
Insider Transaction Report
Form 4
GAP INCGPS
BANKS MICHELLE
SVP, General Counsel
Transactions
- Sale
Common Stock
2014-08-22$45.00/sh−35,000$1,575,000→ 85,413.706 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-08-22−12,500→ 25,000 totalExercise: $25.09Exp: 2022-03-12→ Common Stock (12,500 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-08-22−10,000→ 25,000 totalExercise: $36.45Exp: 2023-03-18→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2014-08-22$21.79/sh+12,500$272,375→ 110,413.706 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-08-22−12,500→ 12,500 totalExercise: $21.79Exp: 2021-03-14→ Common Stock (12,500 underlying) - Exercise/Conversion
Common Stock
2014-08-22$25.09/sh+12,500$313,625→ 97,913.706 total - Exercise/Conversion
Common Stock
2014-08-22$23.07/sh+10,000$230,700→ 120,413.706 total
Footnotes (3)
- [F1]The exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 22, 2014.
- [F2]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.
- [F3]This option is fully vested and exercisable.