GAP INC — Director's Dealing 2010

Nov 24, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2010-11-22

Reporting Person: FISHER DORIS F (Honorary Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-22	Common Stock	S	1500000	$20.544	Disposed	55073985	Indirect
2010-11-22	Common Stock	S	250000	$20.5754	Disposed	54823985	Indirect
2010-11-23	Common Stock	S	923000	$20.6704	Disposed	53900985	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $20.3900 to $20.7050. 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 $20.5500 to $20.6400. 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.

F4: This transaction was executed in multiple trades at prices ranging from $20.5000 to $20.8800. 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.