GAP INC — Director's Dealing 2009

Jul 31, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2009-07-30

Reporting Person: BELLAMY ADRIAN D P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-07-30	Common Stock	M	1988	$2.85	Acquired	41045	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-07-30	Employee Stock Option (Right to Buy)	$2.85	M	1988	Acquired	2009-08-02	Common Stock (1988)	Direct

Footnotes

F1: These options are vested and fully exercisable.