4//SEC Filing
DiGrande Sebastian 4
Accession 0000039911-19-000028
CIK 0000039911other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 4:45 PM ET
Size
10.6 KB
Accession
0000039911-19-000028
Insider Transaction Report
Form 4
GAP INCGPS
DiGrande Sebastian
EVP Strategy & CCO
Transactions
- Exercise/Conversion
Common Stock
2019-03-18+7,659→ 35,945 total - Tax Payment
Common Stock
2019-03-18$25.56/sh−2,628$67,172→ 33,317 total - Award
Non-Qualified Stock Option (right to buy)
2019-03-18+55,000→ 55,000 totalExercise: $25.56Exp: 2029-03-18→ Common Stock (55,000 underlying) - Award
Performance Shares
2019-03-18+7,659→ 7,659 totalExercise: $0.00→ Common Stock (7,659 underlying)
Footnotes (3)
- [F1]Each performance share represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F2]On March 18, 2019, the reporting person was granted an option to purchase a total of 55,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F3]On March 18, 2019 the Company's Compensation and Management Development Committee certified that the reporting person earned 15,318 Performance Shares following completion of a three-year (2016-2018) 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 0001674888
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 4:45 PM ET
- Size
- 10.6 KB