4//SEC Filing
O'Connell Katrina 4
Accession 0000039911-25-000027
CIK 0000039911other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 8:04 PM ET
Size
22.1 KB
Accession
0000039911-25-000027
Insider Transaction Report
Form 4
GAP INCGAP
O'Connell Katrina
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-14$13.93/sh+34,257$477,200→ 34,257 total - Exercise/Conversion
Restricted Stock Unit
2025-03-14−12,036→ 135,940 totalExercise: $0.00→ Common Stock (12,036 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-14−4,803→ 131,137 totalExercise: $0.00→ Common Stock (4,803 underlying) - Sale
Common Stock
2025-03-14$20.34/sh−45,772$931,227→ 0 total - Sale
Common Stock
2025-03-14$20.36/sh−34,257$697,510→ 0 total - Exercise/Conversion
Common Stock
2025-03-14+12,036→ 12,036 total - Exercise/Conversion
Common Stock
2025-03-15+4,803→ 10,728 total - Tax Payment
Common Stock
2025-03-15$20.13/sh−2,438$49,077→ 8,290 total - Tax Payment
Common Stock
2025-03-14$20.76/sh−6,111$126,864→ 5,925 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2025-03-14−34,257→ 34,258 totalExercise: $13.93Exp: 2032-03-14→ Common Stock (34,257 underlying)
Holdings
- 670.294(indirect: By Trust)
Common Stock
Footnotes (9)
- [F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2024.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.03 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]The stock option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2024.
- [F4]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.
- [F5]The reporting person and members of her immediate family are among the beneficiaries of this family trust. The reporting person disclaims beneficial ownership of the Gap Inc. common stock held by the trust except to the extent of her pecuniary interest therein.
- [F6]On March 14, 2022, the reporting person was granted an option to purchase a total of 137,029 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F7]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F8]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.
- [F9]On March 15, 2021, the reporting person was granted 19,211 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 0001806953
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 8:04 PM ET
- Size
- 22.1 KB