Filing Details
- Accession Number:
- 0000039911-15-000088
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-03-19 19:51:50
- Reporting Period:
- 2015-03-17
- Filing Date:
- 2015-03-19
- Accepted Time:
- 2015-03-19 19:51:50
- 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 | 2015-03-17 | 25,864 | $0.00 | 39,972 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-03-17 | 13,495 | $41.28 | 26,477 | No | 4 | F | Direct | |
Common Stock | Disposition | 2015-03-17 | 14,108 | $41.14 | 12,369 | No | 4 | S | Direct | |
Common Stock | Disposition | 2015-03-18 | 12,369 | $41.44 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Performance Shares | Disposition | 2015-03-17 | 25,864 | $0.00 | 25,864 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
29,498 | No | 4 | M | Direct |
Footnotes
- Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 8, 2014.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.98 to $41.34, 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 transaction was effected.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.03 to $41.61, 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 transaction was effected.
- On March 17, 2014, the Company's Compensation and Management Development Committee certified that the reporting person earned 51,728 Performance Shares following completion of a three-year (2011-2013) performance cycle under the Company's Long-Term Growth Program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date (subject to the reporting person's continued service with the Company).