GAP INC — Director's Dealing 2013

Sep 19, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2013-09-18

Reporting Person: PECK ARTHUR L (President, GID)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-18	Common Stock	S	53574.0	$41.7562	Disposed	20332.4327	Direct
2013-09-18	Common Stock	M	25000.0	$25.09	Acquired	45332.4327	Direct
2013-09-18	Common Stock	M	50000.0	$21.79	Acquired	95332.4327	Direct
2013-09-18	Common Stock	S	75000.0	$41.7472	Disposed	20332.4327	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-18	Non-Qualified Stock Option (right to buy)	$21.79	M	50000.0	Disposed	2021-03-14	Common Stock (50000)	Direct
2013-09-18	Non-Qualified Stock Option (right to buy)	$25.09	M	25000.0	Disposed	2022-03-12	Common Stock (25000)	Direct

Footnotes

F1: The options under this grant become exercisable in four equal annual installments beginning one year from date of grant. Date of grant is 10 years prior to expiration date.