Laughton Mary Beth 4
4 · GAP INC · Filed Nov 1, 2022
Insider Transaction Report
Form 4
GAP INCGPS
Laughton Mary Beth
President & CEO, Athleta
Transactions
- Tax Payment
Common Stock
2022-10-28$11.25/sh−10,845$122,006→ 42,590.826 total - Sale
Common Stock
2022-10-31$11.28/sh−11,030$124,402→ 31,560.826 total - Exercise/Conversion
Common Stock
2022-10-28+21,875→ 53,435.826 total - Exercise/Conversion
Restricted Stock Unit
2022-10-28−21,875→ 176,400 totalExercise: $0.00→ Common Stock (21,875 underlying)
Footnotes (4)
- [F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2021.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.18 to $11.38, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F4]On October 28, 2019, the reporting person was granted 87,500 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.