0001704978-22-000001.txt : 20220316 0001704978-22-000001.hdr.sgml : 20220316 20220316173825 ACCESSION NUMBER: 0001704978-22-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220314 FILED AS OF DATE: 20220316 DATE AS OF CHANGE: 20220316 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Breitbard Mark CENTRAL INDEX KEY: 0001704978 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07562 FILM NUMBER: 22745943 MAIL ADDRESS: STREET 1: 2 FOLSOM STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 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: 0130 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 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2022-03-14 0 0000039911 GAP INC GPS 0001704978 Breitbard Mark TWO FOLSOM ST SAN FRANCISCO CA 94105-1205 0 1 0 0 President & CEO, Gap Brand Common Stock 2022-03-14 4 M 0 38220 0.0 A 92113 D Common Stock 2022-03-14 4 F 0 13215 13.93 D 78898 D Common Stock 2022-03-15 4 M 0 24022 0.0 A 102920 D Common Stock 2022-03-15 4 M 0 5283 0.0 A 108203 D Common Stock 2022-03-15 4 F 0 10132 14.59 D 98071 D Non-Qualified Stock Option (right to buy) 13.93 2022-03-14 4 A 0 137029 0.0 A 2032-03-14 Common Stock 137029 137029 D Performance Unit 0.0 2022-03-14 4 A 0 38220 0.0 A Common Stock 38220 62242 D Performance Unit 0.0 2022-03-15 4 M 0 24022 0.0 D Common Stock 24022 38220 D Restricted Stock Unit 0.0 2022-03-14 4 A 0 48143 0.0 A Common Stock 48143 188871 D Restricted Stock Unit 0.0 2022-03-15 4 M 0 5283 0.0 D Common Stock 5283 183588 D On March 14, 2022, the reporting person was granted an option to purchase a total of 137,029 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date. Each performance unit represents a contingent right to receive one share of Gap Inc. Common Stock. On March 14, 2022, the Company's Compensation and Management Development Committee certified that the reporting person earned 76,440 Performance Shares following completion of a three-year (2019-2021) performance cycle under the Company's Long-Term Growth program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date. On March 15, 2021, the Company's Compensation and Management Development Committee certified that the reporting person earned 48,043 Performance Shares following completion of a three-year (2018-2020) performance cycle under the Company's Long-Term Growth program, with half of the award vesting on the certification date and the remainder vesting on the anniversary of such date. Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock. On March 14, 2022, the reporting person was granted 48,143 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. On March 15, 2021, the reporting person was granted 21,132 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. By: JoAnne Zinman, Power of Attorney For: Mark Breitbard 2022-03-16 EX-24 2 breitbard_poa.txt EDGAR SUPPORTING DOCUMENT Exhibit 24 POWER OF ATTORNEY I, Mark Breitbard, hereby constitute and appoint Todd Champeau, Marie Ma, De Anna Mekwunye, Joshua Sills, 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: 3/8/2022 /s/ Mark Breitbard Mark Breitbard