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GAP INC — Director's Dealing 2019
Jul 3, 2019
30743_dirs_2019-07-02_411660a7-ee52-4db2-8421-dd9233fff6ed.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: 2019-06-30
Reporting Person: O'Neill Chris (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-30 | Dividend Equivalent Rights | $0.0 | A | 106.6082 | Acquired | Common Stock (106.6082) | Direct | |
| 2019-06-30 | Stock Units | $0.0 | A | 8903 | Acquired | Common Stock (8903) | Direct |
Footnotes
F1: Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock.
F2: The dividend equivalent rights accrued on stock units originally granted on June 30, 2018 and are immediately vested. Vested shares are delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.
F3: Not applicable.
F4: Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
F5: Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier.