O'Neill Chris 4
4 · GAP INC · Filed Jul 2, 2021
Insider Transaction Report
Form 4
GAP INCGPS
O'Neill Chris
Director
Transactions
- Award
Dividend Equivalent Rights
2021-06-30+175.089→ 914.922 totalExercise: $0.00→ Common Stock (175.089 underlying) - Award
Stock Units
2021-06-30+5,052→ 28,608 totalExercise: $0.00→ Common Stock (5,052 underlying)
Footnotes (5)
- [F1]Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
- [F2]The dividend equivalent rights accrued on stock units originally granted on June 30, 2018, June 30, 2019, and June 30, 2020, and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
- [F3]Not applicable.
- [F4]Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
- [F5]Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.