<SEC-DOCUMENT>0001181431-11-057181.txt : 20111121
<SEC-HEADER>0001181431-11-057181.hdr.sgml : 20111121
<ACCEPTANCE-DATETIME>20111121194827
ACCESSION NUMBER:		0001181431-11-057181
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20111118
FILED AS OF DATE:		20111121
DATE AS OF CHANGE:		20111121

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Wyatt John T.
		CENTRAL INDEX KEY:			0001442500

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07562
		FILM NUMBER:		111220184

	MAIL ADDRESS:	
		STREET 1:		C/O GAP INC.
		STREET 2:		2 FOLSOM STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GAP INC
		CENTRAL INDEX KEY:			0000039911
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FAMILY CLOTHING STORES [5651]
		IRS NUMBER:				941697231
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0129

	BUSINESS ADDRESS:	
		STREET 1:		TWO FOLSOM STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105
		BUSINESS PHONE:		6509524400

	MAIL ADDRESS:	
		STREET 1:		TWO FOLSOM STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GAP STORES INC
		DATE OF NAME CHANGE:	19850617
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd326347.xml
<DESCRIPTION>RESTRICTED STOCK UNITS RELEASE
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0304</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-11-18</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000039911</issuerCik>
        <issuerName>GAP INC</issuerName>
        <issuerTradingSymbol>GPS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001442500</rptOwnerCik>
            <rptOwnerName>Wyatt John T.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GAP INC.</rptOwnerStreet1>
            <rptOwnerStreet2>2 FOLSOM STREET</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94105</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President, Old Navy</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2011-11-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>62500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>127965.97</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2011-11-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>29175</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>18.76</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>98790.97</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>75000</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Wyatt Family Trust</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.00</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2011-11-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>62500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>62500</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0.00</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.</footnote>
        <footnote id="F2">62,500 shares vested November 18, 2011.</footnote>
        <footnote id="F3">Mr. Wyatt's current direct and indirect ownership figures reflect a change in form of beneficial ownership - specifically, a net transfer of 60,700.97 shares from his direct holdings to the Wyatt Family trust.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Marie Ma, Power of Attorney</signatureName>
        <signatureDate>2011-11-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24.
<SEQUENCE>2
<FILENAME>rrd292337_329990.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
<HTML>
<HEAD>
<TITLE>
rrd292337_329990.html
</TITLE>
</HEAD>
<BODY>
<PRE>
Exhibit 24
POWER OF ATTORNEY

      I, Tom Wyatt, hereby constitute and appoint Michelle Banks, Dianna Hayes, David Jedrzejek, Thomas
J. Lima, Marie Ma and Lisa Mertens with the power to sign alone, as my true and lawful
attorney-in-fact to act for me in my capacity as an officer and/or director of THE GAP, INC.
(the Company) to:

1.	Sign and file the Uniform Application for Access Codes on Edgar;

2.	Prepare, sign and file Forms 3, 4 and 5 in furtherance of satisfying my obligations under
Section 16(a) of the Securities Exchange Act of 1934 (the 1934 Act) with respect to
Company securities;

3.	Prepare, sign and file notices on Form 144 in furtherance of satisfying my obligations, if
any,  under Rule 144 under the Securities Exchange Act of 1933 (the 1933 Act) with
respect to Company securities; and

4.	Execute and deliver any and all documents, take any and all steps and do any and all
things that my attorney in fact may deem necessary or appropriate in furtherance of the
purposes stated in (1), (2) and (3) above.

      I hereby grant to each attorney-in-fact full power and authority to do and perform any act
that he or she deems necessary or appropriate in the exercise of any of the rights and powers
granted by this Power of Attorney, as fully to all intents and purposes as I might or could do if
personally present, with full power of substitution or revocation.  I acknowledge that neither my
attorneys-in-fact nor the Company is assuming any of my responsibilities and obligations to
comply with the 1933 Act, the 1934 Act and the rules thereunder.

      This Power of Attorney will remain in effect until I am no longer required to file Forms 3,
4, 5 or 144 with respect to Company securities, except that I reserve the right to revoke this
Power of Attorney by written notice delivered to my attorneys in fact and the Company.


Date:  February 21, 2011					/s/ Tom Wyatt


</PRE>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
