Green Nancy 4
4 · GAP INC · Filed Mar 22, 2022
Insider Transaction Report
Form 4
GAP INCGPS
Green Nancy
President and CEO, Old Navy
Transactions
- Tax Payment
Common Stock
2022-03-18$15.47/sh−11,825$182,933→ 176,732 total - Exercise/Conversion
Common Stock
2022-03-18+25,038→ 188,557 total - Exercise/Conversion
Restricted Stock Unit
2022-03-18−25,038→ 243,459 totalExercise: $0.00→ Common Stock (25,038 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F2]On March 18, 2019, the reporting person was granted 52,411 restricted stock units, vesting 26,205 shares on the second anniversary of the grant date and 26,206 shares on the third anniversary of the grant date. Vesting (but not distribution) is accelerated on retirement eligibility. 1,168 shares were previously withheld for mandatory tax withholding on these restricted stock units upon retirement eligibility (Form 4 filed 12/21/2021).