SEC Form 4 · accession 0000039911-15-000011
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Calhoun
Officer — President
Period of report
Jan 27, 2015
Accepted (ET)
Jan 28, 2015 · 4:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039911
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 27, 2015 | M | 80,000 | $23.07 | A | 88,263 | D | |
| Common Stock | Jan 27, 2015 | S | 80,000 | $42.5602 | D | 8,263 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $23.07 | Jan 27, 2015 | M | 80,000 | D | — | Mar 15, 2020 | Common Stock | 80,000 | 0 | D |
Explanation of responses
- F1This option was fully vested and exercisable.