PECK ARTHUR L 4

4 · GAP INC · Filed Mar 20, 2019

Form 4

Period: 2019-03-18

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 total
Exercise: $25.56Exp: 2029-03-18→ Common Stock (500,000 underlying)
Award
Performance Shares
2019-03-18+77,818→ 127,692 total
Exercise: $0.00→ Common Stock (77,818 underlying)
Exercise/Conversion
Performance Shares
2019-03-19−49,874→ 77,818 total
Exercise: $0.00→ Common Stock (49,874 underlying)
Exercise/Conversion
Common Stock
2019-03-18+77,818→ 283,632.959 total

Holdings

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

1 file