GAP INC — Director's Dealing 2010

Oct 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2010-10-07

Reporting Person: BELLAMY ADRIAN D P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-07	Common Stock	M	1570	$4.78	Acquired	57123	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-07	Employee Stock Option (right to buy)	$4.78	M	1570	Disposed	2010-10-31	Common Stock (1570)	Direct

Footnotes

F1: These options are vested and fully exercisable.