4//SEC Filing
Curran Shawn 4
Accession 0000039911-21-000029
CIK 0000039911other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 7:05 PM ET
Size
18.2 KB
Accession
0000039911-21-000029
Insider Transaction Report
Form 4
GAP INCGPS
Curran Shawn
EVP, Glob Sup Chain & Prod Ops
Transactions
- Exercise/Conversion
Common Stock
2021-03-15+3,847→ 40,033.655 total - Exercise/Conversion
Common Stock
2021-03-16+2,472→ 41,190.655 total - Tax Payment
Common Stock
2021-03-16$31.16/sh−854$26,611→ 40,336.655 total - Exercise/Conversion
Performance Shares
2021-03-16−2,472→ 0 totalExercise: $0.00→ Common Stock (2,472 underlying) - Award
Restricted Stock Unit
2021-03-15+13,447→ 125,320 totalExercise: $0.00→ Common Stock (13,447 underlying) - Award
Performance Unit
2021-03-15+3,847→ 3,847 totalExercise: $0.00→ Common Stock (3,847 underlying) - Tax Payment
Common Stock
2021-03-15$32.25/sh−1,315$42,409→ 38,718.655 total - Award
Non-Qualified Stock Option (right to buy)
2021-03-15+39,594→ 39,594 totalExercise: $32.25Exp: 2031-03-15→ Common Stock (39,594 underlying)
Footnotes (6)
- [F1]On March 15, 2021, the reporting person was granted an option to purchase a total of 39,594 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F2]Each performance share represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F3]On March 16, 2020 the Company's Compensation and Management Development Committee certified that the reporting person earned 4,943 Performance Shares following completion of a three-year (2017-2019) 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.
- [F4]On March 15, 2021, the Company's Compensation and Management Development Committee certified that the reporting person earned 7,694 Performance Shares following completion of a three-year (2018-2020) 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]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F6]On March 15, 2021, the reporting person was granted 13,447 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
Documents
Issuer
GAP INC
CIK 0000039911
Entity typeother
Related Parties
1- filerCIK 0001719317
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 7:05 PM ET
- Size
- 18.2 KB