William S. Fisher - 09 Dec 2024 Form 4 Insider Report for GAP INC (GAP)

Role: Director, 10%+ Owner
Signature: /s/ Louisa Ritter, Attorney-in-Fact
Issuer symbol: GAP
Transactions as of: 09 Dec 2024
Net transactions value: -$3,252,684
Form type: 4
Filing time: 11 Dec 2024, 19:39:18 UTC
Previous filing: 06 Dec 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	Sale	$3,252,684	-123,950	-3.2%	$26.24	3,696,517	09 Dec 2024	By Trust	F1
holding	GAP	Common Stock						10,937,487	09 Dec 2024	Direct
holding	GAP	Common Stock						27,000,000	09 Dec 2024	By FCH TBMS LLC	F2
holding	GAP	Common Stock						149,186	09 Dec 2024	By Spouse
holding	GAP	Common Stock						15,000	09 Dec 2024	By Limited Partnerships

* 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 $26.00 to $26.395. 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 TBMS LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBMS 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 TBMS LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBMS LLC except to the extent of his pecuniary interest therein.

Content

This transaction was executed in multiple trades at prices ranging from $26.00 to $26.395. 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 TBMS LLC, a Delaware limited liability company that owns the reported securities. As manager of FCH TBMS 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 TBMS LLC has beneficial ownership. The reporting person disclaims beneficial ownership of all shares of Gap Common Stock held by FCH TBMS LLC except to the extent of his pecuniary interest therein.