GAP INC — Director's Dealing 2017

May 24, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2017-05-17

Reporting Person: Bazzano Dara (VP & Chief Accting Ofcr)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2866	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$23.54	2027-03-13	Common Stock (6000)		Direct
Non-Qualified Stock Option (right to buy)	$30.18	2026-03-14	Common Stock (4800)		Direct
Non-Qualified Stock Option (right to buy)	$41.27	2025-03-16	Common Stock (3100)		Direct
Non-Qualified Stock Option (right to buy)	$42.2	2024-03-17	Common Stock (3100)		Direct
Non-Qualified Stock Option (right to buy)	$43.31	2023-08-20	Common Stock (3200)		Direct
Restricted Stock Unit	$0.0		Common Stock (20975)		Direct

Footnotes

F1: On March 13, 2017, the reporting person was granted an option to purchase a total of 6,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.

F2: On March 14, 2016, the reporting person was granted an option to purchase a total of 4,800 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.

F3: On March 16, 2015, the reporting person was granted an option to purchase a total of 3,100 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.

F4: On March 17, 2014, the reporting person was granted an option to purchase a total of 3,100 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.

F5: On August 20, 2013, the reporting person was granted an option to purchase a total of 3,200 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.

F6: Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.

F7: Represents eight grants of Restricted Stock Units (RSUs). The RSU grants vest as follows: 800 shares vest on August 20, 2017; 1,750 shares vest on November 12, 2017; 1,500 shares vest on March 13, 2018; 2,950 shares vest on March 14, 2018; 2,025 shares vest on March 16, 2018; 775 shares vest on March 17, 2018; 1,750 shares vest on November 12, 2018; 1,500 shares vest on March 13, 2019; 2,950 shares vest on March 14, 2019; 775 shares vest on March 16, 2019; 1,500 shares vest on March 13, 2020, 1,200 shares vest on March 14, 2020 and 1,500 shares vest on March 13, 2021.

F8: Not applicable.