SEC Form 4 · accession 0000039911-17-000025
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andi Owen
Officer — Global Pres., Banana Republic
Period of report
Feb 9, 2017
Accepted (ET)
Feb 10, 2017 · 7:25 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 | Feb 9, 2017 | M | 7,500 | $21.79 | A | 30,778 | D | |
| Common Stock | Feb 9, 2017 | M | 7,500 | $23.07 | A | 38,278 | D | |
| Common Stock | Feb 9, 2017 | S | 15,000 | $24.00 | D | 23,278 | D | |
| Common Stock | Feb 9, 2017 | S | 23,278 | $23.95 | D | 0 | 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 | $21.79 | Feb 9, 2017 | M | 7,500 | D | — | Mar 14, 2021 | Common Stock | 7,500 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $23.07 | Feb 9, 2017 | M | 7,500 | D | — | Mar 15, 2020 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1On March 14, 2011, the reporting person was granted an option to purchase a total of 15,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- F2On March 15, 2010, the reporting person was granted an option to purchase a total of 15,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.