Peters Sheila 4
4 · GAP INC · Filed Aug 16, 2022
Insider Transaction Report
Form 4
GAP INCGPS
Peters Sheila
EVP & Chief People Officer
Transactions
- Exercise/Conversion
Common Stock
2022-08-13+8,400→ 23,095.364 total - Tax Payment
Common Stock
2022-08-13$10.64/sh−3,881$41,294→ 19,214.364 total - Exercise/Conversion
Restricted Stock Unit
2022-08-13−8,400→ 43,357 totalExercise: $0.00→ Common Stock (8,400 underlying)
Footnotes (3)
- [F1]Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F3]On August 13, 2019, the reporting person was granted 16,800 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date. Vesting (but not distribution) is accelerated on retirement eligibility, subject to the restricted stock units being held for one year following the grant date. 583 shares were previously withheld for mandatory tax withholding on these restricted stock units due to retirement eligibility (Form 4 filed 03/23/2021).