Robert J. Fisher - Nov 20, 2023 Form 4 Insider Report for GAP INC (GPS)

Role: Director, 10%+ Owner
Signature: /s/ Jane Spray, Attorney-in-fact
Stock symbol: GPS
Transactions as of: Nov 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/22/2023, 04:31 PM
Previous filing: Jul 3, 2023
Next filing: Mar 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPS	Common Stock	Gift	$0	-18.8K	-0.21%	$0.00	8.99M	Nov 20, 2023	Direct
holding	GPS	Common Stock						27M	Nov 20, 2023	By FCH TBME LLC	F1
holding	GPS	Common Stock						131K	Nov 20, 2023	By Spouse
holding	GPS	Common Stock						3.83M	Nov 20, 2023	By Trust
holding	GPS	Common Stock						15K	Nov 20, 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 TBME LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBME LLC, the reporting person may be deemed to have an indirect beneficial ownership of the 27,000,000 shares of Gap Common Stock of which FCH TBME LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBME LLC except to the extent of his pecuniary interest therein.

Content

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