AI assistant
GAP INC — Director's Dealing 2011
Jun 8, 2011
30743_dirs_2011-06-07_4667544a-196f-45ab-ac4c-383a66c340b5.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2011-06-03
Reporting Person: DE SOLE DOMENICO (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-06-03 | Common Stock | M | 5555 | — | Acquired | 12013 | Direct |
| 2011-06-03 | Common Stock | M | 328 | — | Acquired | 12341 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-06-03 | Dividend Equivalent Rights | $0 | A | 132 | Acquired | Common Stock (132) | Direct | |
| 2011-06-03 | Stock Units | $0 | M | 5555 | Disposed | Common Stock (5555) | Direct | |
| 2011-06-03 | Dividend Equivalent Rights | $0 | M | 328 | Disposed | Common Stock (328) | Direct | |
| 2011-06-06 | Dividend Equivalent Rights | $0 | A | 133 | Acquired | Common Stock (133) | Direct |
Footnotes
F1: The dividend equivalent rights accrued on stock units originally granted on 6/3/2008 and are immediately vested. Each equivalent right is the economic equivalent of one share of Gap Inc. common stock. Vested shares will be delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon resignation or retirement from the Board, if earlier.
F2: Each stock unit represents a contingent right to receive one share of Gap Inc. common stock. Shares will be delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon resignation or retirement from the Board, if earlier.
F3: 5,555 Shares were delivered on 6/3/2011.
F4: 328 Shares were delivered on 6/3/2011.
F5: The dividend equivalent rights accrued on stock units originally granted on 6/6/2007 and are immediately vested. Each equivalent right is the economic equivalent of one share of Gap Inc. common stock. Vested shares will be delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon resignation or retirement from the Board, if earlier.