4//SEC Filing
Breitbard Mark 4
Accession 0000039911-25-000042
CIK 0000039911other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 9:18 PM ET
Size
14.5 KB
Accession
0000039911-25-000042
Insider Transaction Report
Form 4
GAP INCGAP
Breitbard Mark
President & CEO, Gap Brand
Transactions
- Sale
Common Stock
2025-03-17$20.00/sh−7,730$154,631→ 127,378 total - Exercise/Conversion
Common Stock
2025-03-18+17,275→ 144,653 total - Tax Payment
Common Stock
2025-03-18$20.10/sh−7,919$159,172→ 136,734 total - Exercise/Conversion
Restricted Stock Unit
2025-03-18−17,275→ 186,536 totalExercise: $0.00→ Common Stock (17,275 underlying) - Sale
Common Stock
2025-03-18$19.58/sh−3,393$66,434→ 133,341 total - Award
Restricted Stock Unit
2025-03-17+72,674→ 203,811 totalExercise: $0.00→ Common Stock (72,674 underlying)
Footnotes (6)
- [F1]The sales reported on this Form 4 were 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 $19.86 to $20.12, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.43 to $19.88, 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 72,674 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 69,101 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 0001704978
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 9:18 PM ET
- Size
- 14.5 KB