Breitbard Mark's Form 4 filing
Gap Inc (GAP) · filed Mar 26, 2024
- Accession no.
- 0000039911-24-000103
- Filed
- Mar 26, 2024
- Trade date
- Mar 23-25, 2024
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.64M. It was filed 3 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Breitbard MarkCIK 0001704978 | Officer (President & CEO, Gap Brand) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 23, 2024 | Common Stock | MOption exerciseAcquired | +35,032 | $0.00 | $0 | 159,017 | Direct | |
| Mar 23, 2024 | Common Stock | FTax withholdingDisposed | −17,640 | $28.08 | −$495,331.2 | 141,377 | Direct | |
| Mar 25, 2024 | Common Stock | MOption exerciseAcquired | +93,809 | $6.28 | +$589,120.52 | 235,186 | Direct | |
| Mar 25, 2024 | Common Stock | SSaleDisposed | −93,809 | $28.14F2 | −$2,639,785.26 | 141,377 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 25, 2024 | Common Stock | MOption exerciseDisposed | −93,809 | $0.00 | $0 | 93,808 | Direct | |
| Mar 23, 2024 | Common Stock | MOption exerciseDisposed | −35,032 | $0.00 | $0 | 173,456 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.01 to $28.32, 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.
Referenced by the price of 1 transaction in Table I.