Syngal Sonia 4

Accession 0001589927-22-000001

CIK 0000039911other

View on SEC.gov Company Profile

Filed

Mar 15, 8:00 PM ET

Accepted

Mar 16, 5:49 PM ET

Size

23.9 KB

Accession

0001589927-22-000001

Insider Transaction Report

Form 4

Period: 2022-03-14

GAP INCGPS

Syngal Sonia

EVP, Global Supply Chain

Transactions

Exercise/Conversion
Common Stock
2022-03-15+17,290→ 93,654.087 total
Exercise/Conversion
Common Stock
2022-03-14+44,255→ 76,023.087 total
Tax Payment
Common Stock
2022-03-14$13.93/sh−15,302$213,157→ 60,721.087 total
Exercise/Conversion
Common Stock
2022-03-15+15,643→ 76,364.087 total
Exercise/Conversion
Performance Unit
2022-03-15−15,643→ 44,255 total
Exercise: $0.00→ Common Stock (15,643 underlying)
Exercise/Conversion
Restricted Stock Unit
2022-03-15−17,290→ 417,514 total
Exercise: $0.00→ Common Stock (17,290 underlying)
Tax Payment
Common Stock
2022-03-15$14.59/sh−12,420$181,208→ 81,234.087 total
Award
Performance Unit
2022-03-14+44,255→ 59,898 total
Exercise: $0.00→ Common Stock (44,255 underlying)
Award
Restricted Stock Unit
2022-03-14+136,176→ 434,804 total
Exercise: $0.00→ Common Stock (136,176 underlying)
Award
Non-Qualified Stock Option (right to buy)
2022-03-14+387,596→ 387,596 total
Exercise: $13.93Exp: 2032-03-14→ Common Stock (387,596 underlying)

Footnotes (7)

[F1]On March 14, 2022, the reporting person was granted an option to purchase a total of 387,596 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
[F2]Each performance unit represents a contingent right to receive one share of Gap Inc. Common Stock.
[F3]On March 14, 2022, the Company's Compensation and Management Development Committee certified that the reporting person earned 88,510 Performance Shares following completion of a three-year (2019-2021) performance cycle under the Company's Long-Term Growth program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date.
[F4]On March 15, 2021, the Company's Compensation and Management Development Committee certified that the reporting person earned 31,285 Performance Shares following completion of a three-year (2018-2020) performance cycle under the Company's Long-Term Growth program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date.
[F5]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
[F6]On March 14, 2022, the reporting person was granted 136,176 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
[F7]On March 15, 2021, the reporting person was granted 69,160 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.

Documents

2 files

Issuer

GAP INC

CIK 0000039911

→

Entity typeother

Related Parties

filerCIK 0001589927

Filing Metadata

Form type: 4
Filed: Mar 15, 8:00 PM ET
Accepted: Mar 16, 5:49 PM ET
Size: 23.9 KB

View on SEC.gov