Laughton Mary Beth 4
4 · GAP INC · Filed Mar 16, 2022
Insider Transaction Report
Form 4
GAP INCGPS
Laughton Mary Beth
President & CEO, Athleta
Transactions
- Exercise/Conversion
Common Stock
2022-03-15+3,842→ 13,779.488 total - Tax Payment
Common Stock
2022-03-15$14.59/sh−1,328$19,376→ 12,451.488 total - Exercise/Conversion
Restricted Stock Unit
2022-03-15−3,842→ 240,058 totalExercise: $0.00→ Common Stock (3,842 underlying) - Award
Non-Qualified Stock Option (right to buy)
2022-03-14+127,241→ 127,241 totalExercise: $13.93Exp: 2032-03-14→ Common Stock (127,241 underlying) - Award
Restricted Stock Unit
2022-03-14+44,704→ 243,900 totalExercise: $0.00→ Common Stock (44,704 underlying)
Footnotes (5)
- [F1]Balance adjusted to reflect shares acquired under the Gap Inc. Employee Stock Purchase Plan.
- [F2]On March 14, 2022, the reporting person was granted an option to purchase a total of 127,241 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
- [F4]On March 14, 2022, the reporting person was granted 44,704 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
- [F5]On March 15, 2021, the reporting person was granted 15,368 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.