Green Nancy 4
4 · GAP INC · Filed Mar 16, 2022
Insider Transaction Report
Form 4
GAP INCGPS
Green Nancy
President and CEO, Old Navy
Transactions
- Exercise/Conversion
Common Stock
2022-03-15+7,684→ 120,561 total - Award
Restricted Stock Unit
2022-03-14+61,898→ 365,831 totalExercise: $0.00→ Common Stock (61,898 underlying) - Exercise/Conversion
Common Stock
2022-03-15+1,027→ 117,779 total - Tax Payment
Common Stock
2022-03-15$14.59/sh−3,809$55,573→ 116,752 total - Exercise/Conversion
Restricted Stock Unit
2022-03-15−8,711→ 357,120 totalExercise: $0.00→ Common Stock (8,711 underlying) - Tax Payment
Common Stock
2022-03-15$14.59/sh−1,027$14,984→ 116,752 total - Award
Non-Qualified Stock Option (right to buy)
2022-03-14+176,180→ 176,180 totalExercise: $13.93Exp: 2032-03-14→ Common Stock (176,180 underlying)
Footnotes (5)
- [F1]Mandatory tax withholding on vesting of restricted stock units due to retirement eligibility.
- [F2]On March 14, 2022, the reporting person was granted an option to purchase a total of 176,180 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 61,898 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 30,737 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. Vesting (but not distribution) of 1,027 shares was accelerated for tax withholding upon the anniversary of the grant date due to retirement eligibility.