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GAP INC Director's Dealing 2010

Dec 7, 2010

30743_dirs_2010-12-06_2969ca55-b8de-4128-949c-54b5861dc0ad.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: 2010-12-03

Reporting Person: FISHER DORIS F (Honorary Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-03 Common Stock S 750000 $21.3298 Disposed 52305535 Indirect
2010-12-06 Common Stock S 500000 $21.4211 Disposed 51805535 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $21.1500 to $21.5000. 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 $21.2500 to $21.5800. 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.