SEC Form 4 · accession 0000039911-18-000148
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tracy Gardner
Director
Period of report
Nov 11, 2018
Accepted (ET)
Nov 13, 2018 · 5:03 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 | Nov 11, 2018 | M | 544 | $0.00 | A | 544 | D | |
| Common Stock | Nov 11, 2018 | M | 5,257 | $0.00 | A | 5,801 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1,F2 | $0.00 | Nov 11, 2018 | A | 195 | A | — | — | Common Stock | 195 | 1,056 | D |
| Dividend Equivalent RightsF3,F2 | $0.00 | Nov 11, 2018 | M | 545 | D | — | — | Common Stock | 545 | 511 | D |
| Stock UnitsF4,F2 | $0.00 | Nov 11, 2018 | M | 5,257 | D | — | — | Common Stock | 5,257 | 16,408 | D |
Explanation of responses
- F1The dividend equivalent rights accrued on stock units originally granted on November 11, 2015 and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
- F2Not applicable.
- F3These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on November 11, 2015.
- F4These shares were issued in settlement of stock units granted on November 11, 2015.