4//SEC Filing
PECK ARTHUR L 4
Accession 0000039911-18-000070
CIK 0000039911other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 7:19 PM ET
Size
11.4 KB
Accession
0000039911-18-000070
Insider Transaction Report
Form 4
GAP INCGPS
PECK ARTHUR L
Division President, EVP
Transactions
- Exercise/Conversion
Common Stock
2018-03-19+49,873→ 227,107.872 total - Tax Payment
Common Stock
2018-03-19$32.23/sh−22,209$715,796→ 204,898.872 total - Award
Non-Qualified Stock Option (right to buy)
2018-03-19+500,000→ 500,000 totalExercise: $32.23Exp: 2028-03-19→ Common Stock (500,000 underlying) - Award
Performance Shares
2018-03-19+49,874→ 49,874 totalExercise: $0.00→ Common Stock (49,874 underlying)
Holdings
- 37,150(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Each performance unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F2]On March 19, 2018, the reporting person was granted an option to purchase a total of 500,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F3]On March 19, 2018 the Company's Compensation and Management Development Committee certified that the reporting person earned 99,747 Performance Shares following completion of a three-year (2015-2017) 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
Issuer
GAP INC
CIK 0000039911
Entity typeother
Related Parties
1- filerCIK 0001393499
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 7:19 PM ET
- Size
- 11.4 KB