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4//SEC Filing

GAP INC 4

Accession 0000039911-17-000042

$GAPCIK 0000039911operating
View on SEC.govCompany Profile

Filed

Mar 14, 8:00 PM ET

Accepted

Mar 15, 5:04 PM ET

Size

16.6 KB

Accession

0000039911-17-000042

Insider Transaction Report

Form 4
Period: 2017-03-13
GAP INCGPS
PECK ARTHUR L
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

  • Common Stock

    (indirect: By Trust)
    37,150
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

Issuer

GAP INC

CIK 0000039911

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000039911

Filing Metadata

Form type
4
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 5:04 PM ET
Size
16.6 KB
View on SEC.gov