SEC Form 4 · accession 0000039911-18-000008
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sonia Syngal
Officer — President & CEO, Old Navy
Period of report
Feb 1, 2018
Accepted (ET)
Feb 2, 2018 · 8:34 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, 2018 | M | 37,500 | $0.00 | A | 70,135 | D | |
| Common Stock | Feb 1, 2018 | F | 14,118 | $32.88 | D | 56,017 | 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,F3 | $0.00 | Feb 1, 2018 | M | 37,500 | D | — | — | Common Stock | 37,500 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- F237,500 shares vested on February 1, 2017 and 37,500 shares vested on February 1, 2018.
- F3Not applicable.