[Form 4] The Gap, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
23,203.965 shares exercised/converted
Mixed
6 txns
Insider
Coleman Salaam
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 1,381.623 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 2,572.965 | $0.00 | -- |
| Grant/Award | Stock Units | 8,482 | $0.00 | -- |
| Exercise | Stock Units | 20,631 | $0.00 | -- |
| Exercise | Common Stock | 2,572 | $0.00 | -- |
| Exercise | Common Stock | 20,631 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 3,798.86 shares (Direct);
Stock Units — 55,264 shares (Direct);
Common Stock — 10,551 shares (Direct)
Footnotes (1)
- Each dividend equivalent right is the economic equivalent of one share of Gap Inc. common stock. The dividend equivalent rights accrued on stock units originally granted on June 30, 2022, June 30, 2023, and June 30, 2024, and are immediately vested. Vested shares are delivered to the reporting person no sooner than three years from the date of grant, unless further deferred, or immediately upon cessation of service as a member of the Board, if earlier. Not applicable. These shares were issued in settlement of dividend equivalent rights accrued on stock units granted on June 30, 2022. Each stock unit represents a contingent right to receive one share of Gap Inc. common stock. 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. These shares were issued in settlement of stock units granted on June 30, 2022.