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GAP INC — Director's Dealing 2015
Jun 8, 2015
30743_dirs_2015-06-08_bb685622-4c76-4a93-a591-0658089b9b6c.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: 2015-06-06
Reporting Person: DE SOLE DOMENICO (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-06 | Common Stock | M | 883.0 | $0.0 | Acquired | 32719 | Direct |
| 2015-06-06 | Common Stock | M | 5446.0 | $0.0 | Acquired | 38165 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-06 | Dividend Equivalent Rights | $0.0 | A | 144.0434 | Acquired | Common Stock (144.0434) | Direct | |
| 2015-06-06 | Dividend Equivalent Rights | $0.0 | M | 883.8216 | Disposed | Common Stock (883.8216) | Direct | |
| 2015-06-06 | Stock Units | $0.0 | M | 5446.0 | Disposed | Common Stock (5446) | 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 June 6, 2007 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 June 6, 2007.
F5: Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
F6: These share were issued in settlement of stock units granted on June 6, 2007.