Green Nancy 4
4 · GAP INC · Filed Mar 18, 2022
Insider Transaction Report
Form 4
GAP INCGPS
Green Nancy
President and CEO, Old Navy
Transactions
- Exercise/Conversion
Restricted Stock Unit
2022-03-16−88,623→ 268,497 totalExercise: $0.00→ Common Stock (88,623 underlying) - Exercise/Conversion
Common Stock
2022-03-16+88,623→ 205,375 total - Tax Payment
Common Stock
2022-03-16$15.52/sh−41,856$649,605→ 163,519 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F2]On March 16, 2020, the reporting person was granted 194,578 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. 8,666 shares were previously withheld for mandatory tax withholding on these restricted stock units upon retirement eligibility (Form 4 filed 12/21/2021).