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