Filing Details

Accession Number:
0000039911-25-000027
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-17 20:04:12
Reporting Period:
2025-03-14
Filing Date:
2025-03-17
Accepted Time:
2025-03-17 20:04:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
39911 Gap Inc GAP Retail-Family Clothing Stores (5651) 941697231
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1806953 Katrina O'connell Two Folsom Street
San Francisco CA 94105-1205
Chief Financial Officer 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 Disposition 2025-03-14 45,772 $20.34 0 No 4 S Direct
Common Stock Acquisiton 2025-03-14 34,257 $13.93 34,257 No 4 M Direct
Common Stock Disposition 2025-03-14 34,257 $20.36 0 No 4 S Direct
Common Stock Acquisiton 2025-03-14 12,036 $0.00 12,036 No 4 M Direct
Common Stock Disposition 2025-03-14 6,111 $20.76 5,925 No 4 F Direct
Common Stock Acquisiton 2025-03-15 4,803 $0.00 10,728 No 4 M Direct
Common Stock Disposition 2025-03-15 2,438 $20.13 8,290 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F 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 2025-03-14 34,257 $0.00 34,257 $13.93
Common Stock Restricted Stock Unit Disposition 2025-03-14 12,036 $0.00 12,036 $0.00
Common Stock Restricted Stock Unit Disposition 2025-03-14 4,803 $0.00 4,803 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
34,258 2032-03-14 No 4 M Direct
135,940 No 4 M Direct
131,137 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 670 Indirect by Trust
Footnotes
  1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2024.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.03 to $20.96, 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 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 September 3, 2024.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.02 to $20.96, 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.
  5. The reporting person and members of her immediate family are among the beneficiaries of this family trust. The reporting person disclaims beneficial ownership of the Gap Inc. common stock held by the trust except to the extent of her pecuniary interest therein.
  6. On March 14, 2022, the reporting person was granted an option to purchase a total of 137,029 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
  7. Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
  8. On March 14, 2022, the reporting person was granted 48,143 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
  9. On March 15, 2021, the reporting person was granted 19,211 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.