FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Chapman Paul Joseph

2. Date of Event Requiring Statement (MM/DD/YYYY)
12/1/2015 

3. Issuer Name and Ticker or Trading Symbol

GAP INC [GPS]

(Last)        (First)        (Middle)

TWO FOLSOM ST

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
EVP, CIO /

(Street)

SAN FRANCISCO, CA 94105-1205       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)     (1) 3/12/2022   Common Stock   3750   $25.09   D    
Non-Qualified Stock Option (right to buy)     (2) 3/18/2023   Common Stock   7500   $36.45   D    
Non-Qualified Stock Option (right to buy)     (3) 3/16/2025   Common Stock   30000   $41.27   D    
Non-Qualified Stock Option (right to buy)     (4) 3/17/2024   Common Stock   20000   $42.2   D    
Restricted Stock Unit   (5)   (6)   (7) Common Stock   26914   $0.0   D    

Explanation of Responses:
( 1)  The option represents a right to purchase a total of 15,000 shares 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.
( 2)  The option represents a right to purchase a total of 10,000 shares exercisable in four equal annual installments beginning on March 18, 2014, which was the first anniversary of the date on which the option was granted.
( 3)  The option represents a right to purchase a total of 30,000 shares exercisable in four equal annual installments beginning on March 16, 2016, which is the first anniversary of the date on which the option was granted.
( 4)  The option represents a right to purchase a total of 20,000 shares exercisable in four equal annual installments beginning on March 17, 2015, which was the first anniversary of the date on which the option was granted.
( 5)  Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
( 6)  Represents five grants of Restricted Stock Units (RSUs). The RSU grants vest as follows: 5,728 shares vest on March 17,2016; 5,120 shares vest on March 18, 2016; 2,169 shares vest on March 16, 2017; 5,728 shares vest on March 17, 2017; 3,000 shares vest on August 31, 2017; 2,169 shares vest on March 16, 2018; and 3,000 shares vest on August 31, 2018.
( 7)  Not applicable.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Chapman Paul Joseph
TWO FOLSOM ST
SAN FRANCISCO, CA 94105-1205


EVP, CIO

Signatures
By: Marie Ma, Power of Attorney For: Paul Joseph Chapman 12/10/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Gap (NYSE:GPS)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Gap Charts.
Gap (NYSE:GPS)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Gap Charts.