SEC Form 4 · accession 0000039911-15-000099

GAP INC · GAP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, Digital & Customer Exp.

Period of report

Mar 20, 2015

Accepted (ET)

Mar 20, 2015 · 8:34 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000039911

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Mar 20, 2015	M	7,500	$25.09	A	14,207	D
Common Stock	Mar 20, 2015	M	1,250	$21.79	A	15,457	D
Common Stock^F1	Mar 20, 2015	S	8,750	$43.292	D	6,707	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F2	$21.79	Mar 20, 2015	M	1,250	D	—	Mar 14, 2021	Common Stock	1,250	0	D
Non-Qualified Stock Option (right to buy)^F3	$25.09	Mar 20, 2015	M	7,500	D	—	Mar 12, 2022	Common Stock	7,500	7,500	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.29 to $43.31, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2On March 14, 2011, the reporting person was granted an option to purchase a total of 5,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3On March 12, 2012, the reporting person was granted an option to purchase a total of 15,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.