SEC Form 4 · accession 0000039911-15-000186
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stefan Larsson
Officer — Global President, Old Navy
Period of report
Oct 1, 2015
Accepted (ET)
Oct 2, 2015 · 5:18 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 | Oct 1, 2015 | M | 50,000 | $0.00 | A | 50,000 | D | |
| Common Stock | Oct 1, 2015 | F | 26,090 | $27.96 | D | 23,910 | 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 | Oct 1, 2015 | M | 50,000 | D | — | — | Common Stock | 50,000 | 125,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- F2On October 1, 2012, the reporting person was granted 200,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.