John J. Fisher - 28 Jan 2023 Form 5 Insider Report for GAP INC (GAP)

Role: 10%+ Owner
Signature: /s/ Jane Spray, Attorney-in-fact
Issuer symbol: GAP
Transactions as of: 28 Jan 2023
Net transactions value: $0
Form type: 5
Filing time: 03 Mar 2023, 18:37:58 UTC
Previous filing: 11 May 2022
Next filing: 15 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPS	Common Stock	Gift	$0	+1,050	+0.01%	$0.000000	8,818,355	17 Mar 2022	Direct
transaction	GPS	Common Stock	Gift	$0	+1,050	+2.3%	$0.000000	47,440	17 Mar 2022	By Spouse
transaction	GPS	Common Stock	Gift	$0	+2,883,393	+208%	$0.000000	4,267,049	31 Mar 2022	By Trust
transaction	GPS	Common Stock	Gift	$0	+819,388	+24%	$0.000000	4,267,049	04 Apr 2022	By Trust
transaction	GPS	Common Stock	Gift	$0	-27,000	-0.31%	$0.000000	8,818,355	10 May 2022	Direct
transaction	GPS	Common Stock	Gift	$0	-3,301	-0.04%	$0.000000	8,818,355	29 Nov 2022	Direct
holding	GPS	Common Stock						27,000,000	28 Jan 2023	By FCH TBML LLC	F1
holding	GPS	Common Stock						4,466,053	28 Jan 2023	By Trusts
holding	GPS	Common Stock						1,656,943	28 Jan 2023	By Trusts
holding	GPS	Common Stock						1,581,500	28 Jan 2023	By Trust
holding	GPS	Common Stock						20,000	28 Jan 2023	By Limited Partnerships

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

Explanation of Responses:

Id	Content
F1	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

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.