Filing Details
- Accession Number:
- 0001704978-21-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-25 20:10:43
- Reporting Period:
- 2021-03-23
- Accepted Time:
- 2021-03-25 20:10:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1704978 | Mark Breitbard | Two Folsom St San Francisco CA 94105-1205 | President & Ceo, Gap Brand | 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 | 2021-03-23 | 35,031 | $0.00 | 95,872 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-03-23 | 17,368 | $27.87 | 78,504 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2021-03-24 | 17,663 | $28.38 | 60,841 | 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Disposition | 2021-03-23 | 35,031 | $0.00 | 35,031 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 192,728 | No | 4 | M | Direct |
Footnotes
- The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2020.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.08 to $28.68, 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.
- Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- On March 23, 2020, the reporting person was granted 140,127 restricted stock units, vesting 35,031 on the first anniversary of the grant date and 35,032 on the second, third and fourth anniversary of the grant date.
Billionaire Hedge Funds
