Filing Details

Accession Number:
0000039911-18-000074
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-22 19:33:22
Reporting Period:
2018-03-21
Accepted Time:
2018-03-22 19:33:22
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
1659540 Joseph Paul Chapman Two Folsom St
San Francisco CA 94105-1205
Evp & Cio 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 2018-03-21 68,750 $0.00 78,325 No 4 M Direct
Common Stock Disposition 2018-03-21 78,325 $32.26 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2018-03-21 15,000 $0.00 15,000 $23.54
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2018-03-21 3,750 $0.00 3,750 $25.09
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2018-03-21 50,000 $0.00 50,000 $30.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
45,000 2027-03-13 No 4 M Direct
0 2022-03-12 No 4 M Direct
50,000 2026-03-14 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.0901 to $32.47, 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.
  2. On March 13, 2017, the reporting person was granted an option to purchase a total of 60,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
  3. The option represents a right to purchase a total of 15,000 shares exercisable in four equal annual installments beginning on March 12, 2013, which was the first anniversary of the date on which the option was granted.
  4. On March 14, 2016, the reporting person was granted two options each for 50,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.