Form Type: 4

SEC EDGAR Link
Accession Number:0001589927-21-000019
Date:2021-08-20
Issuer: GAP INC (GPS)
Original Submission Date:

Reporting Person:

SYNGAL SONIA
TWO FOLSOM ST
SAN FRANCISCO, CA 94105-1205

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-08-20 M 15,880 a $6.28 53,922 direct
COMMON STOCK 2021-08-20 S 15,880 d $27.46 38,042 direct
COMMON STOCK 2021-08-20 S 6,640 d $27.45 31,402 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 6.28 2021-08-20 deemed execution date M 15,880 (d) 2030-03-23 common stock 15,880 $6.28 575,642 direct
Footnotes
IDfootnote
f1 the stock option exercise and sales reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on september 23, 2020.
f2 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $27.29 to $27.64, 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.
f3 the sales reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on september 23, 2020.
f4 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $27.32 to $27.63, 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.
f5 on march 23, 2020, the reporting person was granted an option to purchase a total of 767,522 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
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