4//SEC Filing
Montoya Jorge P 4
Accession 0000039911-20-000091
CIK 0000039911other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 5:01 PM ET
Size
16.6 KB
Accession
0000039911-20-000091
Insider Transaction Report
Form 4
GAP INCGPS
Montoya Jorge P
Director
Transactions
- Exercise/Conversion
Common Stock
2020-06-30+7,276→ 47,157 total - Award
Dividend Equivalent Rights
2020-06-30+1,268.117→ 2,148.25 totalExercise: $0.00→ Common Stock (1,268.117 underlying) - Tax Payment
Common Stock
2020-06-30$12.62/sh−1,877$23,688→ 46,348 total - Exercise/Conversion
Common Stock
2020-06-30+1,068→ 48,225 total - Exercise/Conversion
Dividend Equivalent Rights
2020-06-30−1,068.336→ 1,079.915 totalExercise: $0.00→ Common Stock (1,068.336 underlying) - Award
Stock Units
2020-06-30+12,678→ 33,796 totalExercise: $0.00→ Common Stock (12,678 underlying) - Exercise/Conversion
Stock Units
2020-06-30−7,276→ 26,520 totalExercise: $0.00→ Common Stock (7,276 underlying)
Footnotes (7)
- [F1]Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
- [F2]The dividend equivalent rights accrued on stock units originally granted on June 30, 2017, June 30, 2018 and June 30, 2019 and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
- [F3]Not applicable.
- [F4]These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on June 30, 2017.
- [F5]Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
- [F6]Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
- [F7]These shares were issued in settlement of stock units granted on June 30, 2017.
Documents
Issuer
GAP INC
CIK 0000039911
Entity typeother
Related Parties
1- filerCIK 0001180790
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 5:01 PM ET
- Size
- 16.6 KB