0001940536-23-000003.txt : 20230315 0001940536-23-000003.hdr.sgml : 20230315 20230315163651 ACCESSION NUMBER: 0001940536-23-000003 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230309 FILED AS OF DATE: 20230315 DATE AS OF CHANGE: 20230315 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gilligan Sarah CENTRAL INDEX KEY: 0001940536 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07562 FILM NUMBER: 23735775 MAIL ADDRESS: STREET 1: 11305 FOUR POINTS DRIVE STREET 2: BUILDING II, THIRD FLOOR CITY: AUSTIN STATE: TX ZIP: 78726 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 3 1 edgardoc.xml PRIMARY DOCUMENT X0206 3 2023-03-09 0 0000039911 GAP INC GPS 0001940536 Gilligan Sarah TWO FOLSOM ST SAN FRANCISCO CA 94105-1205 0 1 0 0 EVP Sup Chn, Strat & Transform Non-Qualified Stock Option (right to buy) 8.34 2030-03-16 Common Stock 48000 D Non-Qualified Stock Option (right to buy) 13.93 2032-03-14 Common Stock 39151 D Non-Qualified Stock Option (right to buy) 23.54 2027-03-13 Common Stock 25000 D Non-Qualified Stock Option (right to buy) 25.56 2029-03-18 Common Stock 35000 D Non-Qualified Stock Option (right to buy) 30.18 2026-03-14 Common Stock 31000 D Non-Qualified Stock Option (right to buy) 32.23 2028-03-19 Common Stock 35000 D Non-Qualified Stock Option (right to buy) 32.25 2031-03-15 Common Stock 19231 D Non-Qualified Stock Option (right to buy) 36.45 2023-03-18 Common Stock 4800 D Non-Qualified Stock Option (right to buy) 41.27 2025-03-16 Common Stock 3100 D Non-Qualified Stock Option (right to buy) 42.2 2024-03-17 Common Stock 3500 D Restricted Stock Unit 0.0 Common Stock 71003 D The option represents a right to purchase a total of 48,000 shares exercisable in four equal annual installments beginning on March 16, 2021, which was the first anniversary of the date on which the option was granted The option represents a right to purchase a total of 39,151 shares exercisable in four equal annual installments beginning on March 14, 2023, which was the first anniversary of the date on which the option was granted. The option represents a right to purchase a total of 25,000 shares exercisable in four equal annual installments beginning on March 13, 2018, which was the first anniversary of the date on which the option was granted The option represents a right to purchase a total of 35,000 shares exercisable in four equal annual installments beginning on March 18, 2020, which was the first anniversary of the date on which the option was granted The option represents a right to purchase a total of 31,000 shares exercisable in four equal annual installments beginning on March 14, 2017, which was the first anniversary of the date on which the option was granted. The option represents a right to purchase a total of 35,000 shares exercisable in four equal annual installments beginning on March 19, 2019, which was the first anniversary of the date on which the option was granted. The option represents a right to purchase a total of 19,231 shares exercisable in four equal annual installments beginning on March 15, 2022, which was the first anniversary of the date on which the option was granted The option represents a right to purchase a total of 4,800 shares exercisable in four equal annual installments beginning on March 18, 2014, which was the first anniversary of the date on which the option was granted. The option represents a right to purchase a total of 3,100 shares exercisable in four equal annual installments beginning on March 16, 2016, which was the first anniversary of the date on which the option was granted. The option represents a right to purchase a total of 3,500 shares exercisable in four equal annual installments beginning on March 17, 2015, which was the first anniversary of the date on which the option was granted. Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. Represents four grants of Restricted Stock Units (RSUs). The RSU grants vest as follows: 3,438 shares vest on March 14, 2023; 9,861 shares vest on March 15, 2023; 17,947 shares vest on September 14, 2023; 3,439 shares vest on March 14, 2024; 9,861 shares vest on March 15, 2024; 17,946 shares vest on September 14, 2024; 3,439 shares vest on March 14, 2025; 1,633 shares vest on March 15, 2025 and 3,439 shares vest on March 14, 2026 Not applicable. By: JoAnne Zinman, Power of Attorney For: Sarah Gilligan 2023-03-15 EX-24 2 gilligan_poa.txt EDGAR SUPPORTING DOCUMENT Exhibit 24 POWER OF ATTORNEY I, Sarah (Sally) Gilligan, hereby constitute and appoint Todd Champeau, De Anna Mekwunye, Joshua Sills, Susanna Zhang and JoAnne Zinman with the power to sign alone, as my true and lawful attorney-in-fact to act for me in my capacity as an officer and/or director of THE GAP, INC. (the Company) to: 1. Sign and file the Uniform Application for Access Codes on Edgar; 2. Prepare, sign and file Forms 3, 4 and 5 in furtherance of satisfying my obligations under Section 16(a) of the Securities Exchange Act of 1934 (the 1934 Act) with respect to Company securities; 3. Prepare, sign and file notices on Form 144 in furtherance of satisfying my obligations, if any, under Rule 144 under the Securities Exchange Act of 1933 (the 1933 Act) with respect to Company securities; and 4. Execute and deliver any and all documents, take any and all steps and do any and all things that my attorney in fact may deem necessary or appropriate in furtherance of the purposes stated in (1), (2) and (3) above. I hereby grant to each attorney-in-fact full power and authority to do and perform any act that he or she deems necessary or appropriate in the exercise of any of the rights and powers granted by this Power of Attorney, as fully to all intents and purposes as I might or could do if personally present, with full power of substitution or revocation. I acknowledge that neither my attorneys-in-fact nor the Company is assuming any of my responsibilities and obligations to comply with the 1933 Act, the 1934 Act and the rules thereunder. This Power of Attorney will remain in effect until I am no longer required to file Forms 3, 4, 5 or 144 with respect to Company securities, except that I reserve the right to revoke this Power of Attorney by written notice delivered to my attorneys in fact and the Company. Date: March 2, 2023 /s/ Sarah Gilligan Sarah (Sally) Gilligan