Filing Details
- Accession Number:
- 0000039911-14-000040
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-19 21:59:55
- Reporting Period:
- 2014-03-17
- Filing Date:
- 2014-03-19
- Accepted Time:
- 2014-03-19 21:59:55
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
39911 | Gap Inc | GPS | Retail-Family Clothing Stores (5651) | 941697231 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1411337 | Sabrina Simmons | Two Folsom St San Francisco CA 94105-1205 | Evp Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2014-03-17 | 25,000 | $23.07 | 25,000 | No | 4 | M | Direct | |
Common Stock | Disposition | 2014-03-17 | 25,000 | $42.17 | 0 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2014-03-17 | 25,864 | $0.00 | 25,864 | No | 4 | A | Direct | |
Common Stock | Disposition | 2014-03-17 | 13,495 | $42.20 | 12,369 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2014-03-17 | 17,857 | $0.00 | 30,226 | No | 4 | A | Direct | |
Common Stock | Disposition | 2014-03-18 | 9,316 | $42.14 | 20,910 | No | 4 | F | Direct | |
Common Stock | Disposition | 2014-03-19 | 8,540 | $41.71 | 12,370 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2014-03-17 | 25,000 | $0.00 | 25,000 | $23.07 |
Common Stock | Non-Qualified Stock Option (right to buy) | Acquisiton | 2014-03-17 | 90,000 | $0.00 | 90,000 | $42.20 |
Common Stock | Performance Shares | Acquisiton | 2014-03-17 | 25,864 | $0.00 | 25,864 | $0.00 |
Common Stock | Performance Shares | Disposition | 2014-03-18 | 17,857 | $0.00 | 17,857 | $0.00 |
Common Stock | Restricted Stock Unit | Acquisiton | 2014-03-17 | 25,000 | $0.00 | 25,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2020-03-15 | No | 4 | M | Direct | |
90,000 | 2024-03-17 | No | 4 | A | Direct | |
43,720 | No | 4 | A | Direct | ||
25,863 | No | 4 | M | Direct | ||
75,000 | No | 4 | A | Direct |
Footnotes
- The exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2013.
- Represents shares issued upon completion of a three-year (2011 - 2013) performance cycle under the Company's Long-Term Growth Program. For additional information on the Company's Long-Term Growth Plan, please see the Company's Proxy Statement for its 2013 Annual Shareholder Meeting, available on gapinc.com.
- Represents shares issued upon completion of a three-year (2010 - 2012) performance cycle and a one-year vesting period under the Company's Long-Term Growth Program. For additional information on the Company's Long-Term Growth Plan, please see the Company's Proxy Statement for its 2013 Annual Shareholder Meeting, available on gapinc.com.
- This option was fully vested and exercisable.
- The options under this grant become exercisable in four equal annual installments beginning one year from date of grant. Date of grant is 10 years prior to expiration date.
- Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
- Represents Performance Shares earned following completion of a three-year (2011 - 2013) performance cycle under the Company's Long-Term Growth Plan.
- Shares will vest on March 17, 2015.
- Not applicable.
- Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- 12,500 shares vest on March 17, 2016 and 12,500 shares vest on March 17, 2017.