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GAP INC Director's Dealing 2014

Aug 27, 2014

30743_dirs_2014-08-26_d1bfbb95-74fa-48b0-bb08-7d80e9c281d9.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: 2014-08-25

Reporting Person: Calhoun Jack (Global Pres., Banana Republic)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-25	Common Stock	M	37500.0	$11.77	Acquired	38734.0598	Direct
2014-08-25	Common Stock	S	37500.0	$45.8037	Disposed	1234.0598	Direct
2014-08-25	Common Stock	M	56250.0	$19.68	Acquired	57484.0598	Direct
2014-08-25	Common Stock	S	27530.0	$45.7691	Disposed	29954.0598	Direct
2014-08-25	Common Stock	S	28720.0	$45.8037	Disposed	1234.0598	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-25	Non-Qualified Stock Option (right to buy)	$11.77	M	37500.0	Disposed	2019-03-16	Common Stock (37500)	Direct
2014-08-25	Non-Qualified Stock Option (right to buy)	$19.68	M	56250.0	Disposed	2018-03-17	Common Stock (56250)	Direct

Footnotes

F1: This option is fully vested and exercisable.