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GAP INC — Director's Dealing 2015
Jan 14, 2015
30743_dirs_2015-01-14_b2a8bbd8-e7e9-49b1-a660-f07240193505.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2015-01-05
Reporting Person: Owen Andi (Glob. Pres, Banana Republic)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $21.79 | 2021-03-14 | Common Stock (7500) | Direct | |
| Non-Qualified Stock Option (right to buy) | $23.07 | 2020-03-15 | Common Stock (7500) | Direct | |
| Non-Qualified Stock Option (right to buy) | $25.09 | 2022-03-12 | Common Stock (15000) | Direct | |
| Non-Qualified Stock Option (right to buy) | $36.45 | 2023-03-18 | Common Stock (20000) | Direct | |
| Non-Qualified Stock Option (right to buy) | $42.2 | 2024-03-17 | Common Stock (25000) | Direct | |
| Restricted Stock Unit | $0.0 | Common Stock (44408) | Direct |
Footnotes
F1: The options under this grant become exercisable in four equal annual installments beginning one year from date of grant. Date of grant is 10 years prior to expiration date.
F2: Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F3: Represents six grants of Restricted Stock Units (RSUs). The RSU grants vest as follows: 7,984 shares vest on 03/12/2015; 10,687 shares vest on 03/18/2015; 7,525 shares vest on 03/17/2016; 10,687 shares vest on 03/18/2016 and 7,525 shares vest on 03/17/2017.
F4: Not applicable.