SEC Form 4 · accession 0000039911-17-000061
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie Gruber
Officer — EVP & Global General Counsel
Period of report
Mar 17, 2017
Accepted (ET)
Mar 20, 2017 · 5:10 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 17, 2017 | M | 775 | $0.00 | A | 17,442 | D | |
| Common Stock | Mar 17, 2017 | F | 324 | $24.10 | D | 17,118 | D | |
| Common StockF1 | Mar 18, 2017 | M | 938 | $0.00 | A | 18,056 | D | |
| Common Stock | Mar 18, 2017 | F | 344 | $24.10 | D | 17,712 | 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 17, 2017 | M | 775 | D | — | — | Common Stock | 775 | 21,713 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Mar 18, 2017 | M | 938 | D | — | — | Common Stock | 938 | 20,775 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- F2On March 17, 2014 the reporting person was granted 3,100 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- F3On March 18, 2013 the reporting person was granted 3,750 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.