GAP INC — Director's Dealing 2014

Dec 11, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2014-12-01

Reporting Person: Kirwan Jeff (Global President, Gap)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	228.5946	Direct
Common Stock	1014.6117	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$21.79	2021-03-14	Common Stock (3750)		Direct
Non-Qualified Stock Option (right to buy)	$25.09	2022-03-12	Common Stock (7500)		Direct
Non-Qualified Stock Option (right to buy)	$36.45	2023-03-18	Common Stock (15000)		Direct
Non-Qualified Stock Option (right to buy)	$42.2	2024-03-17	Common Stock (25000)		Direct
Restricted Stock Unit	$0.0		Common Stock (30071)		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.

F2: Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.

F3: Represents four grants of Restricted Stock Units (RSUs). The RSU grants vest as follows: 3,949 shares vest on 03/12/2015; 8,885 shares vest on 03/18/2015; 4,176 shares vest on 03/17/2016; 8,885 shares vest on 03/18/2016 and 4,176 shares vest on 03/17/2017.

F4: Not applicable.