SEC Form 4 · accession 0001179110-18-005462
GAP INC · GAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Fisher
Director · 10% Owner
Period of report
Apr 3, 2018
Accepted (ET)
Apr 5, 2018 · 5:28 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 | Apr 3, 2018 | S | 150,000 | $31.1322 | D | 8,702,097 | D | |
| Common StockF2 | Apr 4, 2018 | S | 350,000 | $31.3434 | D | 8,352,097 | D | |
| Common Stock | holding | — | — | — | 125,195 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 27,000,000 | I | By FCH TBME LLC | |
| Common Stock | holding | — | — | — | 2,385,304 | I | By Trusts | |
| Common Stock | holding | — | — | — | 15,000 | I | By Limited Partnerships |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $31.035 to $31.18. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2This transaction was executed in multiple trades at prices ranging from $31.00 to $31.71. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3The reporting person is the sole manager and a member of FCH TBME LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBME LLC, the reporting person may be deemed to have an indirect beneficial ownership of the 27,000,000 shares of Gap Common Stock of which FCH TBME LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBME LLC except to the extent of his pecuniary interest therein.