Reese Lexi 4

4 · GAP INC · Filed May 21, 2020

Form 4

Period: 2020-05-19

Director

Transactions

Award
Common Stock
2020-05-19+12,839→ 12,839 total
Award
Dividend Equivalent Rights
2020-05-19+759→ 1,094.95 total
Exercise: $0.00→ Common Stock (759 underlying)
Exercise/Conversion
Stock Units
2020-05-19−11,745→ 0 total
Exercise: $0.00→ Common Stock (11,745 underlying)
Exercise/Conversion
Dividend Equivalent Rights
2020-05-19−1,094.95→ 0 total
Exercise: $0.00→ Common Stock (1,094.95 underlying)

Footnotes (6)

[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 November 1, 2018 and June 30, 2019 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. The reporting person's service on the Board ended May 19, 2020.
[F3]Not applicable.
[F4]These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on November 1, 2018 and June 30, 2019.
[F5]Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
[F6]These shares were issued in settlement of stock units granted on November 1, 2018 and June 30, 2019.

Documents

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