4//SEC Filing
PECK ARTHUR L 4
Accession 0000039911-19-000036
CIK 0000039911other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 7:16 PM ET
Size
16.8 KB
Accession
0000039911-19-000036
Insider Transaction Report
Form 4
GAP INCGPS
PECK ARTHUR L
Division President, EVP
Transactions
- Tax Payment
Common Stock
2019-03-18$25.56/sh−34,541$882,868→ 249,091.959 total - Exercise/Conversion
Common Stock
2019-03-19+49,874→ 298,965.959 total - Tax Payment
Common Stock
2019-03-19$25.70/sh−23,555$605,364→ 275,410.959 total - Award
Non-Qualified Stock Option (right to buy)
2019-03-18+500,000→ 500,000 totalExercise: $25.56Exp: 2029-03-18→ Common Stock (500,000 underlying) - Award
Performance Shares
2019-03-18+77,818→ 127,692 totalExercise: $0.00→ Common Stock (77,818 underlying) - Exercise/Conversion
Performance Shares
2019-03-19−49,874→ 77,818 totalExercise: $0.00→ Common Stock (49,874 underlying) - Exercise/Conversion
Common Stock
2019-03-18+77,818→ 283,632.959 total
Holdings
- 37,150(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Each performance share represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F2]Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan.
- [F3]On March 18, 2019, 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.
- [F4]On March 18, 2019 the Company's Compensation and Management Development Committee certified that the reporting person earned 155,636 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.
- [F5]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 19, 8:00 PM ET
- Accepted
- Mar 20, 7:16 PM ET
- Size
- 16.8 KB