Breitbard Mark 4
4 · GAP INC · Filed Mar 17, 2025
Insider Transaction Report
Form 4
GAP INCGAP
Breitbard Mark
President & CEO, Gap Brand
Transactions
- Sale
Common Stock
2025-03-14$20.43/sh−16,055$327,957→ 123,985 total - Exercise/Conversion
Restricted Stock Unit
2025-03-15−5,283→ 131,137 totalExercise: $0.00→ Common Stock (5,283 underlying) - Exercise/Conversion
Common Stock
2025-03-14+12,036→ 136,021 total - Tax Payment
Common Stock
2025-03-14$20.76/sh−4,306$89,393→ 131,715 total - Exercise/Conversion
Common Stock
2025-03-15+5,283→ 136,998 total - Tax Payment
Common Stock
2025-03-15$20.13/sh−1,890$38,046→ 135,108 total - Exercise/Conversion
Restricted Stock Unit
2025-03-14−12,036→ 136,420 totalExercise: $0.00→ Common Stock (12,036 underlying)
Footnotes (5)
- [F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 4, 2024.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.02 to $20.96, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F4]On March 14, 2022, the reporting person was granted 48,143 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F5]On March 15, 2021, the reporting person was granted 21,132 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.