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Gilligan Sarah's Form 4 filing

Gap Inc (GAP) · filed Mar 17, 2025

Accession no.
0000039911-25-000025
Filed
Mar 17, 2025
Trade date
Mar 14-15, 2025
Filing delay
3 days
Rule 10b5-1 plan
Checked

This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $606.4K. 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.

Reporting owners on this filing
OwnerRelationship to the company
Gilligan SarahCIK 0001940536Officer (Chief Sup Chn & Transform Ofcr)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 14, 2025Common StockSSaleDisposed−29,813$20.34F2−$606,396.420Direct
Mar 14, 2025Common StockMOption exerciseAcquired+3,439$0.00$03,439Direct
Mar 14, 2025Common StockFTax withholdingDisposed−1,609$20.76−$33,402.841,830Direct
Mar 15, 2025Common StockMOption exerciseAcquired+1,633$0.00$03,463Direct
Mar 15, 2025Common StockFTax withholdingDisposed−829$20.13−$16,687.772,634Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 14, 2025Common StockMOption exerciseDisposed−3,439$0.00$056,116Direct
Mar 15, 2025Common StockMOption exerciseDisposed−1,633$0.00$054,483Direct

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 $20.02 to $20.96, 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.

Read the full filing on SEC EDGAR (opens in a new tab)