Filing Details

Accession Number:
0001589927-21-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-27 18:55:16
Reporting Period:
2021-04-23
Accepted Time:
2021-04-27 18:55:16
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
1589927 Sonia Syngal Two Folsom St
San Francisco CA 94105-1205
Ceo Gap, Inc. Yes 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 2021-04-23 16,000 $6.28 98,614 No 4 M Direct
Common Stock Disposition 2021-04-23 16,000 $33.19 82,614 No 4 S Direct
Common Stock Disposition 2021-04-23 6,253 $33.18 76,361 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 Non-Qualified Stock Option (right to buy) Disposition 2021-04-23 16,000 $0.00 16,000 $6.28
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
719,522 2030-03-23 No 4 M Direct
Footnotes
  1. The stock option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 23, 2020.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.91 to $33.50, 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.
  3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 23, 2020.
  4. On March 23, 2020, the reporting person was granted an option to purchase a total of 767,522 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.