SEC Form 4 · accession 0000039911-16-000277
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roberta Silten
Officer — EVP, Talent & Sustainability
Period of report
Mar 18, 2016
Accepted (ET)
Mar 21, 2016 · 7:45 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, 2016 | M | 5,057 | $0.00 | A | 26,762 | D | |
| Common Stock | Mar 18, 2016 | F | 1,900 | $30.39 | D | 24,862 | 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, 2016 | M | 5,057 | D | — | — | Common Stock | 5,057 | 23,360 | 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 10,114 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date.