Chapman Paul Joseph 4

4 · GAP INC · Filed Mar 22, 2018

Form 4

Period: 2018-03-21

EVP, CIO

Transactions

Exercise/Conversion
Common Stock
2018-03-21+68,750→ 78,325 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2018-03-21−3,750→ 0 total
Exercise: $25.09Exp: 2022-03-12→ Common Stock (3,750 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2018-03-21−50,000→ 50,000 total
Exercise: $30.18Exp: 2026-03-14→ Common Stock (50,000 underlying)
Sale
Common Stock
2018-03-21$32.26/sh−78,325$2,526,530→ 0 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2018-03-21−15,000→ 45,000 total
Exercise: $23.54Exp: 2027-03-13→ Common Stock (15,000 underlying)

Footnotes (4)

[F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.0901 to $32.47, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
[F2]On March 13, 2017, the reporting person was granted an option to purchase a total of 60,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
[F3]The option represents a right to purchase a total of 15,000 shares exercisable in four equal annual installments beginning on March 12, 2013, which was the first anniversary of the date on which the option was granted.
[F4]On March 14, 2016, the reporting person was granted two options each for 50,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.

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