GAP INC — Director's Dealing 2010

Dec 11, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2010-12-09

Reporting Person: FISHER DORIS F (Honorary Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-09	Common Stock	S	750000	$21.3587	Disposed	49457939	Indirect
2010-12-10	Common Stock	S	1250000	$21.4787	Disposed	48207939	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $21.1901 to $21.4700. The price reported above reflects the weighted average sales price. 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 transaction was effected.

F2: The sales reported on this Form 4 reflect sales by a trust of which the reporting person is a trustee.

F3: This transaction was executed in multiple trades at prices ranging from $21.3100 to $21.5600. The price reported above reflects the weighted average sales price. 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 transaction was effected.