GAP INC 4
4 · GAP INC · Filed May 18, 2017
Insider Transaction Report
Form 4
GAP INCGPS
DE SOLE DOMENICO
Director
Transactions
- Exercise/Conversion
Common Stock
2017-05-17+13,632→ 34,844 total - Award
Dividend Equivalent Rights
2017-05-17+393.374→ 780.315 totalExercise: $0.00→ Common Stock (393.374 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2017-05-17−780.315→ 0 totalExercise: $0.00→ Common Stock (780.315 underlying) - Exercise/Conversion
Stock Units
2017-05-17−13,632→ 0 totalExercise: $0.00→ Common Stock (13,632 underlying) - Exercise/Conversion
Common Stock
2017-05-17+779→ 35,623 total
Footnotes (6)
- [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, 2014, June 30, 2015 and June 30, 2016 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. The reporting person's service on the Board ended May 17, 2017.
- [F3]Not applicable.
- [F4]These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on June 30, 2014, June 30, 2015 and June 30, 2016.
- [F5]Each stock unit represents a contingent right to receive one share of Gap Inc. common stock.
- [F6]These shares were issued in settlement of stock units granted on June 30, 2014, June 30, 2015 and June 30, 2016.