Blakeslee Chris 4
4 · GAP INC · Filed Mar 18, 2025
Insider Transaction Report
Form 4
GAP INCGAP
Blakeslee Chris
President & CEO, Athleta
Transactions
- Exercise/Conversion
Common Stock
2025-03-18+16,041→ 105,060.476 total - Award
Restricted Stock Unit
2025-03-17+62,984→ 405,926 totalExercise: $0.00→ Common Stock (62,984 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-18−16,041→ 389,885 totalExercise: $0.00→ Common Stock (16,041 underlying) - Sale
Common Stock
2025-03-18$19.58/sh−16,980$332,501→ 82,341.476 total - Tax Payment
Common Stock
2025-03-18$20.10/sh−5,739$115,354→ 99,321.476 total
Footnotes (6)
- [F1]Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan (ESPP).
- [F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2024.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.425 to $19.905, 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.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F5]On March 17, 2025, the reporting person was granted 62,984 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- [F6]On March 18, 2024, the reporting person was granted 64,165 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.