Home/Filings/4/0000039911-19-000036
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
Period: 2019-03-18
PECK ARTHUR L
Division President, EVP
Transactions
  • Tax Payment

    Common Stock

    2019-03-18$25.56/sh34,541$882,868249,091.959 total
  • Exercise/Conversion

    Common Stock

    2019-03-19+49,874298,965.959 total
  • Tax Payment

    Common Stock

    2019-03-19$25.70/sh23,555$605,364275,410.959 total
  • Award

    Non-Qualified Stock Option (right to buy)

    2019-03-18+500,000500,000 total
    Exercise: $25.56Exp: 2029-03-18Common Stock (500,000 underlying)
  • Award

    Performance Shares

    2019-03-18+77,818127,692 total
    Exercise: $0.00Common Stock (77,818 underlying)
  • Exercise/Conversion

    Performance Shares

    2019-03-1949,87477,818 total
    Exercise: $0.00Common Stock (49,874 underlying)
  • Exercise/Conversion

    Common Stock

    2019-03-18+77,818283,632.959 total
Holdings
  • Common Stock

    (indirect: By Trust)
    37,150
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.

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