GAP INC — Director's Dealing 2012

Sep 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2012-09-18

Reporting Person: PECK ARTHUR L (President, Gap North America)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-18	Common Stock	M	200000.0	$21.38	Acquired	306771.4327	Direct
2012-09-18	Common Stock	S	200000.0	$35.9078	Disposed	106771.4327	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-18	Non-Qualified Stock Option (right to buy)	$21.38	M	200000.0	Disposed	2015-05-02	Common Stock (200000.0)	Direct

Footnotes

F1: This option was fully vested and exercisable.