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GAP INC — Director's Dealing 2018
Mar 15, 2018
30743_dirs_2018-03-14_a24711e2-7346-4408-a13d-5b115caaae59.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: 2018-03-13
Reporting Person: Syngal Sonia (President & CEO, Old Navy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-13 | Common Stock | M | 4835 | $0.0 | Acquired | 32788 | Direct |
| 2018-03-13 | Common Stock | F | 2396 | $32.67 | Disposed | 30392 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-13 | Performance Shares | $0.0 | M | 4835 | Disposed | Common Stock (4835) | Direct |
Footnotes
F1: Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
F2: On March 13, 2017 the Company's Compensation and Management Development Committee certified that the reporting person earned 9,669 Performance Shares following completion of a three-year (2014-2016) performance cycle under the Company's Long-Term Growth program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date (subject to the reporting person's continued service with the Company).