GAP INC — Director's Dealing 2011

Mar 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2011-03-14

Reporting Person: Murphy Glenn (Director, Chairman and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-14	Stock Option (right to buy)	$21.79	A	600000	Acquired	2021-03-14	Common Stock (600000)	Direct

Footnotes

F1: These shares become exercisable in four equal annual installments beginning March 14, 2012.