PECK ARTHUR L 4
4 · GAP INC · Filed Mar 14, 2018
Insider Transaction Report
Form 4
GAP INCGPS
PECK ARTHUR L
Division President, EVP
Transactions
- Exercise/Conversion
Common Stock
2018-03-13+6,101→ 179,200.872 total - Tax Payment
Common Stock
2018-03-13$32.67/sh−1,966$64,229→ 177,234.872 total - Exercise/Conversion
Performance Shares
2018-03-13−6,101→ 0 totalExercise: $0.00→ Common Stock (6,101 underlying)
Holdings
- 37,150(indirect: By Trust)
Common Stock
Footnotes (3)
- [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.