Filing Details
- Accession Number:
- 0001179110-21-007348
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-07-02 17:28:56
- Reporting Period:
- 2021-06-30
- Accepted Time:
- 2021-07-02 17:28:56
- 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 |
---|---|---|---|---|---|---|---|
1217081 | Sydney William Fisher | 1300 Evans Avenue, No. 880154 San Francisco CA 94188 | Yes | No | Yes | 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 | 2021-06-30 | 4,939 | $0.00 | 10,985,451 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2021-06-30 | 606 | $0.00 | 10,986,057 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-07-02 | 5,000 | $33.43 | 145,599 | No | 4 | S | Indirect | By Spouse |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Indirect | By Spouse |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Units | Disposition | 2021-06-30 | 4,939 | $0.00 | 4,939 | $0.00 |
Common Stock | Dividend Equivalent Rights | Disposition | 2021-06-30 | 606 | $0.00 | 606 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | M | Direct | ||
0 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 27,000,000 | Indirect | By FCH TBMS LLC |
Common Stock | 489,269 | Indirect | By Trust |
Common Stock | 15,000 | Indirect | By Limited Partnerships |
Footnotes
- 4,939 shares were issued in settlement of the stock units originally granted to the reporting person on June 30, 2018. Each stock unit represented the right to receive one share of The Gap, Inc. common stock ("Gap Common Stock").
- 606 shares were issued in settlement of dividend equivalent rights on the above-referenced stock units originally granted to the reporting person on June 30, 2018. Each equivalent right was the economic equivalent of one share of Gap Common Stock.
- This transaction was executed in multiple trades at prices ranging from $33.40 to $33.495. The price reported above reflects the weighted average sales price. 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 reporting person is the sole manager and a member of FCH TBMS LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBMS LLC, the reporting person may be deemed to have indirect beneficial ownership of the 27,000,000 shares of Gap Common Stock of which FCH TBMS LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBMS LLC except to the extent of his pecuniary interest therein.