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GAP INC — Director's Dealing 2010
Jun 8, 2010
30743_dirs_2010-06-07_775e43ed-82d2-42c5-a990-a7a7e4fbc249.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: 2010-06-03
Reporting Person: Montoya Jorge P (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-06-06 | Common Stock | M | 5446 | — | Acquired | 11948 | Direct |
| 2010-06-06 | Common Stock | F | 1295 | $20.96 | Disposed | 10653 | Direct |
| 2010-06-06 | Common Stock | M | 312 | — | Acquired | 10965 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-06-03 | Divident Equivalent Rights | $ | A | 92 | Acquired | Common Stock (92) | Direct | |
| 2010-06-06 | Dividend Equivalent Rights | $ | A | 96 | Acquired | Common Stock (96) | Direct | |
| 2010-06-06 | Stock Units | $0 | M | 5446 | Acquired | Common Stock (5446) | Direct | |
| 2010-06-06 | Dividend Equivalent Rights | $0 | M | 312 | Acquired | Common Stock (312) | Direct |
Footnotes
F1: The dividend equivalent rights accrued on stock units originally granted on June 3, 2008 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 date of grant, unless further deferred, or immediately upon resignation or retirement from the Board, if earlier.
F2: The dividend equivalent rights accrued on stock units originally granted on June 6, 2007 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 date of grant, unless further deferred, or immediately upon resignation or retirement from the Board, if earlier.
F3: Each stock unit represents a contingentrightto receive one share of Gap Inc. Common Stock. Shares will be delivered to the reporting person no sooner than 3 years from the date of grant, unless further deferred, or immediately upon resignation or retirement from the Board, if earlier.
F4: 5,446 shares were delivered on June 7, 2010.
F5: 312 shares were delivered on 6/7/2010.