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GAP INC — Director's Dealing 2014
Jun 25, 2014
30743_dirs_2014-06-24_7ac3b358-2a01-46bc-8096-63d500925b65.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2014-03-17
Reporting Person: SIMMONS SABRINA (EVP CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-18 | Common Stock | A | 17856 | — | Acquired | 30225 | Direct |
| 2014-03-18 | Common Stock | F | 9316 | $42.14 | Disposed | 20909 | Direct |
| 2014-03-19 | Common Stock | S | 8540 | $41.7073 | Disposed | 12369 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-18 | Performance Shares | $0 | M | 17856 | Disposed | Common Stock (17856) | Direct |
Footnotes
F1: Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
F2: Represents Performance Shares earned following completion of a three-year (2010-2012) performance cycle and a one-year vesting period under the Company's Long-Term Growth Program. For additional information on the Company's Long-Term Growth Plan, please see the Company's Proxy Statement for its 2013 Annual Shareholder Meeting, available on gapinc.com. This amendment is being filed to correct actual shares earned under the Company's Long-Term Growth Program, which was incorrectly reported as 17,857 shares.
F3: Not applicable.
F4: This amendment is being filed to correct the balance of Performance Shares beneficially owned by the reporting person following the reported transaction.
F5: This amendment is being filed to correct the number of shares beneficially owned by the reporting person following the reported transaction.
F6: The exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2013.