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GAP INC — Director's Dealing 2017
Jan 19, 2017
30743_dirs_2017-01-19_f06fd9a2-fc82-44f1-827f-b328dc50ee66.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: 2017-01-17
Reporting Person: List Teri L. (EVP CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-17 | Non-Qualified Stock Option (right to buy) | $24.15 | A | 200000 | Acquired | 2027-01-17 | Common Stock (200000) | Direct |
| 2017-01-17 | Restricted Stock Unit | $0.0 | A | 100000 | Acquired | Common Stock (100000) | Direct |
Footnotes
F1: On January 17, 2017, the reporting person was granted an option to purchase a total of 200,000 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: 25,000 shares vest on January 17, 2018; 25,000 shares vest on January 17, 2019; 25,000 shares vest on January 17, 2020; and 25,000 shares vest on January 17, 2021.
F4: Not applicable.