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GAP INC — Director's Dealing 2014
Aug 16, 2014
30743_dirs_2014-08-15_9aa4cd5e-8050-438e-a9b1-0a405e901e69.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2014-08-15
Reporting Person: Goren Isabella D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-15 | Common Stock | M | 7608.0 | $0.0 | Acquired | 7608 | Direct |
| 2014-08-15 | Common Stock | M | 357.0 | $0.0 | Acquired | 7965 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-08-15 | Dividend Equivalent Rights | $0.0 | A | 155.7531 | Acquired | Common Stock (155.7531) | Direct | |
| 2014-08-15 | Dividend Equivalent Rights | $0.0 | M | 357.6589 | Disposed | Common Stock (357.6589) | Direct | |
| 2014-08-15 | Stock Units | $0.0 | M | 7608.0 | Disposed | Common Stock (7608) | Direct |
Footnotes
F1: Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
F2: The dividend equivalent rights accrued on stock units originally granted on August 15, 2011 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.
F3: Not applicable.
F4: These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on August 15, 2011.
F5: Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
F6: These shares were issued in settlement of stock units granted on August 15, 2011.