SEC Form 4 · accession 0000039911-17-000123
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Joseph Chapman
Officer — EVP & CIO
Period of report
Aug 31, 2017
Accepted (ET)
Aug 31, 2017 · 7:47 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 | Aug 31, 2017 | M | 3,000 | $0.00 | A | 3,000 | D | |
| Common Stock | Aug 31, 2017 | F | 1,127 | $23.62 | D | 1,873 | 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 | Aug 31, 2017 | M | 3,000 | D | — | — | Common Stock | 3,000 | 25,169 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- F2On August 31, 2015, the reporting person was granted 6,000 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date.