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GAP INC — Director's Dealing 2016
Jul 21, 2016
30743_dirs_2016-07-20_810e9ae7-efad-420d-98fa-3d666809dba7.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: 2016-07-19
Reporting Person: Goldfarb Solomon (EVP, Digital & Customer Exp.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-19 | Common Stock | M | 62.0 | $0.0 | Acquired | 10968 | Direct |
| 2016-07-19 | Common Stock | F | 62.0 | $23.95 | Disposed | 10906 | Direct |
| 2016-07-19 | Common Stock | M | 48.0 | $0.0 | Acquired | 10954 | Direct |
| 2016-07-19 | Common Stock | F | 48.0 | $23.95 | Disposed | 10906 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-19 | Restricted Stock Unit | $0.0 | M | 62.0 | Disposed | Common Stock (62) | Direct | |
| 2016-07-19 | Restricted Stock Unit | $0.0 | M | 48.0 | Disposed | Common Stock (48) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F2: Represents shares withheld for payment of employment tax liability arising as a result of vesting of a portion of a Restricted Stock Unit award originally reported by the reporting person in a Form 3 filed with the Commission on February 2, 2015 that will be settled on March 17, 2017.
F3: Represents shares withheld for payment of employment tax liability arising as a result of vesting of a portion of a Restricted Stock Unit award originally reported by the reporting person in a Form 4 filed with the Commission on March 17, 2015 that will be settled on March 16, 2017.