MILES AMY E 4
4 · GAP INC · Filed Jul 5, 2023
Insider Transaction Report
Form 4
GAP INCGPS
MILES AMY E
Director
Transactions
- Exercise/Conversion
Dividend Equivalent Rights
2023-06-30−442.041→ 2,059.315 totalExercise: $0.00→ Common Stock (442.041 underlying) - Exercise/Conversion
Common Stock
2023-06-30+442→ 30,512 total - Exercise/Conversion
Stock Units
2023-06-30−3,126→ 44,719 totalExercise: $0.00→ Common Stock (3,126 underlying) - Exercise/Conversion
Common Stock
2023-06-30+3,126→ 33,638 total - Award
Dividend Equivalent Rights
2023-06-30+1,971.271→ 2,501.356 totalExercise: $0.00→ Common Stock (1,971.271 underlying) - Award
Stock Units
2023-06-30+19,036→ 47,845 totalExercise: $0.00→ Common Stock (19,036 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, 2020, June 30, 2021, and June 30, 2022, and are immediately vested. Vested shares are delivered to the reporting person no sooner than three 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, 2020.
- [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, 2020.