0001704978-23-000004.txt : 20230316 0001704978-23-000004.hdr.sgml : 20230316 20230316180654 ACCESSION NUMBER: 0001704978-23-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230314 FILED AS OF DATE: 20230316 DATE AS OF CHANGE: 20230316 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Breitbard Mark CENTRAL INDEX KEY: 0001704978 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07562 FILM NUMBER: 23740100 MAIL ADDRESS: STREET 1: 2 FOLSOM STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GAP INC CENTRAL INDEX KEY: 0000039911 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 941697231 STATE OF INCORPORATION: DE FISCAL YEAR END: 0128 BUSINESS ADDRESS: STREET 1: TWO FOLSOM STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 4154270100 MAIL ADDRESS: STREET 1: TWO FOLSOM STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: GAP STORES INC DATE OF NAME CHANGE: 19850617 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2023-03-14 0 0000039911 GAP INC GPS 0001704978 Breitbard Mark TWO FOLSOM ST SAN FRANCISCO CA 94105-1205 0 1 0 0 President & CEO, Gap Brand Common Stock 2023-03-14 4 M 0 38220 0.0 A 137200 D Common Stock 2023-03-14 4 F 0 13215 9.98 D 123985 D Common Stock 2023-03-14 4 M 0 12035 0.0 A 136020 D Common Stock 2023-03-14 4 F 0 4161 9.98 D 131859 D Common Stock 2023-03-15 4 M 0 5283 0.0 A 137142 D Common Stock 2023-03-15 4 F 0 1826 9.75 D 135316 D Common Stock 2023-03-15 4 S 0 7874 9.6628 D 127442 D Common Stock 2023-03-16 4 S 0 3457 9.59 D 123985 D Performance Unit 0.0 2023-03-14 4 M 0 38220 0.0 D Common Stock 38220 0 D Restricted Stock Unit 0.0 2023-03-14 4 M 0 12035 0.0 D Common Stock 12035 222021 D Restricted Stock Unit 0.0 2023-03-15 4 M 0 5283 0.0 D Common Stock 5283 216738 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2022 and amended on December 5, 2022. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.551 to $9.76, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. Each performance unit represents a contingent right to receive one share of Gap Inc. Common Stock. On March 14, 2022, the Company's Compensation and Management Development Committee certified that the reporting person earned 76,440 Performance Shares following completion of a three-year (2019-2021) 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. Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. On March 14, 2022, the reporting person was granted 48,143 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. On March 15, 2021, the reporting person was granted 21,132 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. By: JoAnne Zinman, Power of Attorney For: Mark Breitbard 2023-03-16