Strain John 4
4 · GAP INC · Filed Mar 16, 2022
Insider Transaction Report
Form 4
GAP INCGPS
Strain John
Chief Digital & Tech Officer
Transactions
- Tax Payment
Common Stock
2022-03-15$14.59/sh−980$14,298→ 26,343.432 total - Exercise/Conversion
Common Stock
2022-03-15+2,881→ 27,323.432 total - Award
Restricted Stock Unit
2022-03-14+24,071→ 101,644 totalExercise: $0.00→ Common Stock (24,071 underlying) - Award
Non-Qualified Stock Option (right to buy)
2022-03-14+68,514→ 68,514 totalExercise: $13.93Exp: 2032-03-14→ Common Stock (68,514 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-03-15−2,881→ 98,763 totalExercise: $0.00→ Common Stock (2,881 underlying)
Footnotes (5)
- [F1]Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan.
- [F2]On March 14, 2022, the reporting person was granted an option to purchase a total of 68,514 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F4]On March 14, 2022, the reporting person was granted 24,071 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F5]On March 15, 2021, the reporting person was granted 11,526 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.