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Gilligan Sarah's Form 4 filing

Gap Inc (GAP) · filed Mar 18, 2025

Accession no.
0000039911-25-000045
Filed
Mar 18, 2025
Trade date
Mar 17-18, 2025
Filing delay
1 day
Rule 10b5-1 plan
Checked

This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $52.4K. It was filed 1 day 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 17, 2025Common StockSSaleDisposed−1,830$20.00F2−$36,600804Direct
Mar 18, 2025Common StockMOption exerciseAcquired+7,403$0.00$08,207Direct
Mar 18, 2025Common StockFTax withholdingDisposed−3,759$20.10−$75,555.94,448Direct
Mar 18, 2025Common StockSSaleDisposed−804$19.59F3−$15,750.363,644Direct

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 17, 2025Common StockAGrant or awardAcquired+33,914$0.00$088,397Direct
Mar 18, 2025Common StockMOption exerciseDisposed−7,403$0.00$080,994Direct

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 $19.86 to $20.08, 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.

F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.46 to $19.88, 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)