SEC Form 4 · accession 0000039911-15-000084
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Solomon Goldfarb
Officer — EVP, Digital & Customer Exp.
Period of report
Mar 18, 2015
Accepted (ET)
Mar 19, 2015 · 4:58 pm EDT
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 StockF1 | Mar 18, 2015 | M | 5,428 | $0.00 | A | 8,746 | D | |
| Common Stock | Mar 18, 2015 | F | 2,039 | $42.33 | D | 6,707 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.00 | Mar 18, 2015 | M | 5,428 | D | — | — | Common Stock | 5,428 | 33,531 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- F2On March 18, 2013, the reporting person was granted 10,857 restricted stock units, with 5,428 shares vesting on the second anniversary of the grant date and 5,429 shares vesting on the third anniversary of the grant date.