GAP INC 4

4 · GAP INC · Filed Mar 15, 2017

Form 4

Period: 2017-03-13

Division President, EVP

Transactions

Tax Payment
Common Stock
2017-03-14$23.70/sh−2,493$59,084→ 172,318.133 total
Award
Non-Qualified Stock Option (right to buy)
2017-03-13+600,000→ 600,000 total
Exercise: $23.54Exp: 2027-03-13→ Common Stock (600,000 underlying)
Exercise/Conversion
Common Stock
2017-03-13+6,100→ 170,166.133 total
Tax Payment
Common Stock
2017-03-13$23.54/sh−2,435$57,320→ 167,731.133 total
Exercise/Conversion
Common Stock
2017-03-14+7,080→ 174,811.133 total
Award
Performance Shares
2017-03-13+6,101→ 13,181 total
Exercise: $0.00→ Common Stock (6,101 underlying)
Exercise/Conversion
Performance Shares
2017-03-14−7,080→ 6,101 total
Exercise: $0.00→ Common Stock (7,080 underlying)

Holdings

Footnotes (4)

[F1]Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
[F2]On March 13, 2017, the reporting person was granted an option to purchase a total of 600,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
[F3]On March 13, 2017 the Company's Compensation and Management Development Committee certified that the reporting person earned 12,201 Performance Shares following completion of a three-year (2014-2016) 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.
[F4]On March 14, 2016 the Company's Compensation and Management Development Committee certified that the reporting person earned 14,159 Performance Shares following completion of a three-year (2013-2015) 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.

Documents

1 file