Filing Details
- Accession Number:
- 0001589927-21-000017
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-17 16:55:03
- Reporting Period:
- 2021-08-13
- Accepted Time:
- 2021-08-17 16:55:03
- 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 | 2021-08-13 | 16,000 | $6.28 | 60,683 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-08-13 | 16,000 | $29.63 | 44,683 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-08-13 | 6,641 | $29.54 | 38,042 | 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 | 2021-08-13 | 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 |
|---|---|---|---|---|---|---|
| 591,522 | 2030-03-23 | No | 4 | M | Direct |
Footnotes
- 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.49 to $29.785, 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.
- 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.37 to $29.78, 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.
- 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.
Billionaire Hedge Funds
