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GAP INC — Director's Dealing 2009
Dec 3, 2009
30743_dirs_2009-12-02_01cfb661-a010-403e-a07f-517a22dde953.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2009-11-30
Reporting Person: YOUNGBLOOD DR KNEELAND (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-11-30 | Common Stock | M | 5356 | — | Acquired | 5356 | Direct |
| 2009-11-30 | Common Stock | M | 313 | — | Acquired | 5669 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-11-30 | Stock Unit | $0 | M | 5356 | Disposed | Common Stock (5356) | Direct | |
| 2009-11-30 | Dividend Equivalent Rights | $0 | A | 89 | Acquired | Common Stock (89) | Direct | |
| 2009-11-30 | Dividend Equivalent Rights | $0 | M | 313 | Disposed | Common Stock (313) | Direct |
Footnotes
F1: Each stock unit represents a right to receive one share of Gap Inc. Common Stock.
F2: 5356 shares were delivered on 11/30/2009.
F3: The dividend equivalent rights accrued on stock units originally granted on November 30, 2006 and are immediately vested. Each equivalent right is the economic equivalent of one share of Gap Inc. common stock. Shares will be delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon resignation or retirement from the Board, if earlier.
F4: 313 shares were delivered on 11/30/2009.