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GAP INC — Director's Dealing 2015
Dec 10, 2015
30743_dirs_2015-12-10_e9c15412-ca5a-4f99-9676-2f4f2e75c3f4.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: 2015-12-01
Reporting Person: Chapman Paul Joseph (EVP, CIO)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $25.09 | 2022-03-12 | Common Stock (3750) | Direct | |
| Non-Qualified Stock Option (right to buy) | $36.45 | 2023-03-18 | Common Stock (7500) | Direct | |
| Non-Qualified Stock Option (right to buy) | $41.27 | 2025-03-16 | Common Stock (30000) | Direct | |
| Non-Qualified Stock Option (right to buy) | $42.2 | 2024-03-17 | Common Stock (20000) | Direct | |
| Restricted Stock Unit | $0.0 | Common Stock (26914) | Direct |
Footnotes
F1: The option represents a right to purchase a total of 15,000 shares exercisable in four equal annual installments beginning on March 12, 2013, which was the first anniversary of the date on which the option was granted.
F2: The option represents a right to purchase a total of 10,000 shares exercisable in four equal annual installments beginning on March 18, 2014, which was the first anniversary of the date on which the option was granted.
F3: The option represents a right to purchase a total of 30,000 shares exercisable in four equal annual installments beginning on March 16, 2016, which is the first anniversary of the date on which the option was granted.
F4: The option represents a right to purchase a total of 20,000 shares exercisable in four equal annual installments beginning on March 17, 2015, which was the first anniversary of the date on which the option was granted.
F5: Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F6: Represents five grants of Restricted Stock Units (RSUs). The RSU grants vest as follows: 5,728 shares vest on March 17,2016; 5,120 shares vest on March 18, 2016; 2,169 shares vest on March 16, 2017; 5,728 shares vest on March 17, 2017; 3,000 shares vest on August 31, 2017; 2,169 shares vest on March 16, 2018; and 3,000 shares vest on August 31, 2018.
F7: Not applicable.