SEC Form 4 · accession 0000039911-17-000021
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sonia Syngal
Officer — Global President, Old Navy
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 1:37 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 StockF1 | Feb 1, 2017 | M | 37,500 | $0.00 | A | 50,140 | D | |
| Common Stock | Feb 1, 2017 | F | 14,219 | $22.53 | D | 35,921 | 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 | Feb 1, 2017 | M | 37,500 | D | — | — | Common Stock | 37,500 | 39,498 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- F2On February 1, 2015 the reporting person was granted 75,000 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date.