GAP INC — Director's Dealing 2015

Jun 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2015-06-22

Reporting Person: Kirwan Jeff (Global President, Gap)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-22	Common Stock	M	535.0	$25.09	Acquired	8186.416	Direct
2015-06-22	Common Stock	S	535.0	$39.0	Disposed	7651.416	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-22	Non-Qualified Stock Option (right to buy)	$25.09	M	535.0	Disposed	2022-03-12	Common Stock (535)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1065.624	Indirect

Footnotes

F1: The exercise and sales reported in this Form 4 were affected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 27, 2015.

F2: The option, representing a right to purchase a total of 15,000 shares, becomes exercisable in four equal annual installments beginning on March 12, 2013, which was the first anniversary of the date on which the option was granted.