Filing Details
- Accession Number:
- 0000039911-24-000085
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-20 21:47:40
- Reporting Period:
- 2024-03-18
- Accepted Time:
- 2024-03-20 21:47:40
- 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 |
|---|---|---|---|---|---|---|---|
| 1940536 | Sarah Gilligan | Two Folsom Street San Francisco CA 94105-1205 | Chief Sup Chn & Transform Ofcr | 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 | 2024-03-19 | 36,000 | $8.34 | 36,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-19 | 36,000 | $25.00 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-19 | 9,787 | $13.93 | 9,787 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-19 | 9,787 | $25.00 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| 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 | 2024-03-19 | 36,000 | $0.00 | 36,000 | $8.34 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2024-03-19 | 9,787 | $0.00 | 9,787 | $13.93 |
| Common Stock | Restricted Stock Unit | Acquisiton | 2024-03-18 | 29,615 | $0.00 | 29,615 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 12,000 | 2030-03-16 | No | 4 | M | Direct | |
| 29,364 | 2032-03-14 | No | 4 | M | Direct | |
| 123,929 | No | 4 | A | 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 April 6, 2023.
- The option represents a right to purchase a total of 48,000 shares exercisable in four equal annual installments beginning on March 16, 2021, which was the first anniversary of the date on which the option was granted
- The option represents a right to purchase a total of 39,151 shares exercisable in four equal annual installments beginning on March 14, 2023, which was the first anniversary of the date on which the option was granted.
- Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- On March 18, 2024, the reporting person was granted 29,615 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
Billionaire Hedge Funds
