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GAP INC — Director's Dealing 2010
Jul 1, 2010
30743_dirs_2010-07-01_d131a88a-46d4-4050-9648-5e237f5452be.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: 2010-06-30
Reporting Person: BELLAMY ADRIAN D P (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-06-30 | Divident Equivalent Rights | $0 | A | 95 | Acquired | Common Stock (95) | Direct | |
| 2010-06-30 | Stock Units | $0 | A | 6423 | Acquired | Common Stock (6423) | Direct |
Footnotes
F1: The dividend equivalent rights accrued on stock units originally granted on June 30, 2009 and are immediately vested. Each equivalent right is the economic equivalent of one share of Gap Inc. common stock. Shares will be delivered to the reporting person no sooner than 3 years from the original stock unit grant date, unless further deferred, or immediately upon resignation or retirement from the Board, if earlier.
F2: Each performance unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F3: Each stock unit is immediately vested. However, delivery of the shares is deferred until three years from the date of grant or until resignation or retirement from the Board, if earlier, unless further deferred.