Filing Details
- Accession Number:
- 0000039911-23-000144
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-01 17:27:00
- Reporting Period:
- 2023-11-29
- Accepted Time:
- 2023-12-01 17:27:00
- 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 | 2023-11-29 | 93,808 | $6.28 | 217,793 | No | 4 | M | Direct | |
Common Stock | Disposition | 2023-11-29 | 93,808 | $20.00 | 123,985 | 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 | 2023-11-29 | 93,808 | $0.00 | 93,808 | $6.28 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
187,617 | 2030-03-23 | No | 4 | M | Direct |
Footnotes
- The stock option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2022 and amended on December 5, 2022.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.015, 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 375,233 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.