Coleman Salaam 4
4 · GAP INC · Filed Jul 1, 2024
Insider Transaction Report
Form 4
GAP INCGPS
Coleman Salaam
Director
Transactions
- Exercise/Conversion
Stock Units
2024-06-30−1,384→ 46,782 totalExercise: $0.00→ Common Stock (1,384 underlying) - Exercise/Conversion
Common Stock
2024-06-30+223→ 6,595 total - Exercise/Conversion
Common Stock
2024-06-30+1,384→ 7,979 total - Award
Dividend Equivalent Rights
2024-06-30+1,070.446→ 2,641.033 totalExercise: $0.00→ Common Stock (1,070.446 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2024-06-30−223.797→ 2,417.237 totalExercise: $0.00→ Common Stock (223.797 underlying) - Award
Stock Units
2024-06-30+7,115→ 48,166 totalExercise: $0.00→ Common Stock (7,115 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, 2021, June 30, 2022, and June 30, 2023, 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, 2021.
- [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, 2021.