JOHN J. FISHER - 11 Dec 2024 Form 4 Insider Report for GAP INC (GAP)

Role: 10%+ Owner
Signature: /s/ Louisa Ritter, Attorney-in-Fact
Issuer symbol: GAP
Transactions as of: 11 Dec 2024
Net transactions value: -$6,044,775
Form type: 4
Filing time: 13 Dec 2024, 20:02:00 UTC
Previous filing: 05 Sep 2024
Next filing: 04 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GAP	Common Stock	Gift	$0	-6,412	-0.21%	$0.000000	3,120,242	11 Dec 2024	Direct
transaction	GAP	Common Stock	Sale	$6,044,775	-250,000	-20%	$24.18	1,000,752	13 Dec 2024	By Trust	F1
holding	GAP	Common Stock						49,977	11 Dec 2024	By Spouse
holding	GAP	Common Stock						27,000,000	11 Dec 2024	By FCH TBML LLC	F2
holding	GAP	Common Stock						8,222,567	11 Dec 2024	By Trusts
holding	GAP	Common Stock						864,211	11 Dec 2024	By Trusts
holding	GAP	Common Stock						1,581,500	11 Dec 2024	By Trust
holding	GAP	Common Stock						20,000	11 Dec 2024	By Limited Partnership

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $24.04 to $24.29. The price reported above reflects the weighted average sales price. 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.
F2	The reporting person is the sole manager and a member of FCH TBML LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBML LLC, the reporting person may be deemed to have indirect beneficial ownership of the 27,000,000 shares of Gap Common Stock of which FCH TBML LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBML LLC except to the extent of his pecuniary interest therein.

Content

This transaction was executed in multiple trades at prices ranging from $24.04 to $24.29. The price reported above reflects the weighted average sales price. 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.

The reporting person is the sole manager and a member of FCH TBML LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBML LLC, the reporting person may be deemed to have indirect beneficial ownership of the 27,000,000 shares of Gap Common Stock of which FCH TBML LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBML LLC except to the extent of his pecuniary interest therein.