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GAP INC — Director's Dealing 2017
May 2, 2017
30743_dirs_2017-05-01_14feb1e5-3bd5-477e-9895-1b03d42d5a7f.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: 2017-05-01
Reporting Person: Breitbard Mark (Pres. & CEO, Banana Republic)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-01 | Non-Qualified Stock Option (right to buy) | $25.9 | A | 300000 | Acquired | 2027-05-01 | Common Stock (300000) | Direct |
| 2017-05-01 | Restricted Stock Unit | $0.0 | A | 150000 | Acquired | Common Stock (150000) | Direct |
Footnotes
F1: On May 1, 2017, the reporting person was granted an option to purchase a total of 300,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F2: Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F3: Represents one grant of Restricted Stock Units (RSUs). The RSU grant vests as follows: 37,500 shares vest on May 1, 2018; 37,500 shares vest on May 1, 2019; 37,500 shares vest on May 1, 2020; and 37,500 shares vest on May 1, 2021.
F4: Not applicable.