AI assistant
GAP INC — Director's Dealing 2018
Mar 15, 2018
30743_dirs_2018-03-14_c276fbd9-617a-40ce-84fe-cc8d11a18aba.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2018-03-13
Reporting Person: PECK ARTHUR L (Director, President & CEO, Gap, Inc.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-13 | Common Stock | M | 6101 | $0.0 | Acquired | 179200.8719 | Direct |
| 2018-03-13 | Common Stock | F | 1966 | $32.67 | Disposed | 177234.8719 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-13 | Performance Shares | $0.0 | M | 6101 | Disposed | Common Stock (6101) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 37150 | Indirect |
Footnotes
F1: Each Performance Share represents a contingent right to receive one share of Gap Inc. Common Stock.
F2: Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan.
F3: On March 13, 2017 the Company's Compensation and Management Development Committee certified that the reporting person earned 12,201 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.