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GAP INC 4

Accession 0000039911-15-000075

$GAPCIK 0000039911operating

View on SEC.gov Company Profile

Filed

Mar 16, 8:00 PM ET

Accepted

Mar 17, 9:06 PM ET

Size

16.1 KB

Accession

0000039911-15-000075

Insider Transaction Report

Form 4

Period: 2015-03-16

SVP, General Counsel

Transactions

Award
Common Stock
2015-03-16+18,573→ 111,797.645 total
Tax Payment
Common Stock
2015-03-17$41.28/sh−8,276$341,633→ 111,387.645 total
Award
Non-Qualified Stock Option (right to buy)
2015-03-16+30,000→ 30,000 total
Exercise: $41.27Exp: 2025-03-16→ Common Stock (30,000 underlying)
Exercise/Conversion
Performance Shares
2015-03-17−15,863→ 18,574 total
Exercise: $0.00→ Common Stock (15,863 underlying)
Exercise/Conversion
Common Stock
2015-03-17+15,863→ 119,663.645 total
Tax Payment
Common Stock
2015-03-16$41.27/sh−7,997$330,036→ 103,800.645 total
Award
Performance Shares
2015-03-16+18,574→ 34,437 total
Exercise: $0.00→ Common Stock (18,574 underlying)

Footnotes (4)

[F1]On March 16, 2015, the Company's Compensation and Management Development Committee certified that the reporting person earned 37,147 Performance Shares following completion of a three-year (2012-2014) performance cycle under the Company's Long-Term Growth Program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date (subject to the reporting person's continued service with the Company).
[F2]Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
[F3]On March 16, 2015, the reporting person was granted an option to purchase a total of 30,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
[F4]On March 17, 2014, the Company's Compensation and Management Development Committee certified that the reporting person earned 31,726 Performance Shares following completion of a three-year (2011-2013) performance cycle under the Company's Long-Term Growth Program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date (subject to the reporting person's continued service with the Company).

Documents

1 file

4
edgardoc.xmlPrimary
PRIMARY DOCUMENT

Issuer

GAP INC

CIK 0000039911

Entity typeoperating

IncorporatedDE

Related Parties

1

filerCIK 0000039911

Filing Metadata

Form type: 4
Filed: Mar 16, 8:00 PM ET
Accepted: Mar 17, 9:06 PM ET
Size: 16.1 KB

View on SEC.gov