SEC Form 4 · accession 0000039911-19-000004
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teri List-Stoll
Officer — EVP CFO
Period of report
Jan 17, 2019
Accepted (ET)
Jan 18, 2019 · 5:51 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 | Jan 17, 2019 | M | 25,000 | $0.00 | A | 41,201 | D | |
| Common Stock | Jan 17, 2019 | F | 8,853 | $25.59 | D | 32,348 | 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 | Jan 17, 2019 | M | 25,000 | D | — | — | Common Stock | 25,000 | 175,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- F2On January 17, 2017, the reporting person was granted 100,000 Restricted Stock Units (RSUs). The RSU grant vests as follows: 25,000 shares vested on January 17, 2018; 25,000 shares vest on January 17, 2019; 25,000 shares vest on January 17, 2020; and 25,000 shares vest on January 17, 2021.