Gilligan Sarah 4
4 · GAP INC · Filed Mar 17, 2025
Insider Transaction Report
Form 4
GAP INCGAP
Gilligan Sarah
Chief Sup Chn & Transform Ofcr
Transactions
- Exercise/Conversion
Common Stock
2025-03-15+1,633→ 3,463 total - Exercise/Conversion
Restricted Stock Unit
2025-03-15−1,633→ 54,483 totalExercise: $0.00→ Common Stock (1,633 underlying) - Tax Payment
Common Stock
2025-03-14$20.76/sh−1,609$33,403→ 1,830 total - Exercise/Conversion
Common Stock
2025-03-14+3,439→ 3,439 total - Tax Payment
Common Stock
2025-03-15$20.13/sh−829$16,688→ 2,634 total - Sale
Common Stock
2025-03-14$20.34/sh−29,813$606,543→ 0 total - Exercise/Conversion
Restricted Stock Unit
2025-03-14−3,439→ 56,116 totalExercise: $0.00→ Common Stock (3,439 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 5, 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 13,755 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 6,531 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.