SEC Form 4 · accession 0000039911-18-000098
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur L Peck
Officer — President & CEO, Gap, Inc. · Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 4, 2018 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039911
Table I — non-derivative securities
No Table I lines on this filing.
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 | Jun 1, 2018 | A | 345,303 | A | — | — | Common Stock | 345,303 | 345,303 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- F2On June 1, 2018, the reporting person was granted 345,303 restricted stock units, vesting in full on the third anniversary of the grant date. Pursuant to the terms of the grant agreement, the net shares issued upon vesting are subject to an additional one-year holding requirement.