# EDGAR Filing Document

**Accession Number:** 0001940536
**File Stem:** 0001940536-23-000003
**Filing Date:** 2023-3
**Character Count:** 10220
**Document Hash:** 80c76dddffbbbbfe8568f9efbf4bb961
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001940536-23-000003.hdr.sgml**: 20230315

**ACCESSION NUMBER**: 0001940536-23-000003

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230309

**FILED AS OF DATE**: 20230315

**DATE AS OF CHANGE**: 20230315

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Gilligan Sarah
- **CENTRAL INDEX KEY:** 0001940536

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-07562
- **FILM NUMBER:** 23735775

**MAIL ADDRESS:**
- **STREET 1:** 11305 FOUR POINTS DRIVE
- **STREET 2:** BUILDING II, THIRD FLOOR
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78726
**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:** 0128

**BUSINESS ADDRESS:**
- **STREET 1:** TWO FOLSOM STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 4154270100

**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

## Ex-24

```

Exhibit 24
POWER OF ATTORNEY

    I, Sarah (Sally) Gilligan, hereby constitute and appoint Todd Champeau,
De Anna Mekwunye, Joshua Sills, Susanna Zhang and JoAnne Zinman 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:  March 2, 2023				/s/ Sarah Gilligan
                                                    Sarah (Sally) Gilligan

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Gilligan Sarah<br><sub>(Last) (First) (Middle)</sub><br>TWO FOLSOM ST<br><sub>(Street)</sub><br>SAN FRANCISCO, CA 94105-1205<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>GAP INC [ GPS ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-03-09 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_EVP Sup Chn, Strat & Transform_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Non-Qualified Stock Option (right to buy) | <sup>(1)</sup> | 2030-03-16 | Common Stock | 48000 | $8.34 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(2)</sup> | 2032-03-14 | Common Stock | 39151 | $13.93 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(3)</sup> | 2027-03-13 | Common Stock | 25000 | $23.54 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(4)</sup> | 2029-03-18 | Common Stock | 35000 | $25.56 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(5)</sup> | 2026-03-14 | Common Stock | 31000 | $30.18 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(6)</sup> | 2028-03-19 | Common Stock | 35000 | $32.23 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(7)</sup> | 2031-03-15 | Common Stock | 19231 | $32.25 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(8)</sup> | 2023-03-18 | Common Stock | 4800 | $36.45 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(9)</sup> | 2025-03-16 | Common Stock | 3100 | $41.27 | D |  |
| Non-Qualified Stock Option (right to buy) | <sup>(10)</sup> | 2024-03-17 | Common Stock | 3500 | $42.2 | D |  |
| Restricted Stock Unit<sup>(11)</sup> | <sup>(12)</sup> | <sup>(13)</sup> | Common Stock | 71003 | $0.0 | D |  |

---

### Footnotes:

(1) The option represents a right to purchase a total of 48,000 shares exercisable in four equal annual installments beginning on March 16, 2021, which was the first anniversary of the date on which the option was granted

(2) The option represents a right to purchase a total of 39,151 shares exercisable in four equal annual installments beginning on March 14, 2023, which was the first anniversary of the date on which the option was granted.

(3) The option represents a right to purchase a total of 25,000 shares exercisable in four equal annual installments beginning on March 13, 2018, which was the first anniversary of the date on which the option was granted

(4) The option represents a right to purchase a total of 35,000 shares exercisable in four equal annual installments beginning on March 18, 2020, which was the first anniversary of the date on which the option was granted

(5) The option represents a right to purchase a total of 31,000 shares exercisable in four equal annual installments beginning on March 14, 2017, which was the first anniversary of the date on which the option was granted.

(6) The option represents a right to purchase a total of 35,000 shares exercisable in four equal annual installments beginning on March 19, 2019, which was the first anniversary of the date on which the option was granted.

(7) The option represents a right to purchase a total of 19,231 shares exercisable in four equal annual installments beginning on March 15, 2022, which was the first anniversary of the date on which the option was granted

(8) The option represents a right to purchase a total of 4,800 shares exercisable in four equal annual installments beginning on March 18, 2014, which was the first anniversary of the date on which the option was granted.

(9) The option represents a right to purchase a total of 3,100 shares exercisable in four equal annual installments beginning on March 16, 2016, which was the first anniversary of the date on which the option was granted.

(10) The option represents a right to purchase a total of 3,500 shares exercisable in four equal annual installments beginning on March 17, 2015, which was the first anniversary of the date on which the option was granted.

(11) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.

(12) Represents four grants of Restricted Stock Units (RSUs). The RSU grants vest as follows: 3,438 shares vest on March 14, 2023; 9,861 shares vest on March 15, 2023; 17,947 shares vest on September 14, 2023; 3,439 shares vest on March 14, 2024; 9,861 shares vest on March 15, 2024; 17,946 shares vest on September 14, 2024; 3,439 shares vest on March 14, 2025; 1,633 shares vest on March 15, 2025 and 3,439 shares vest on March 14, 2026

(13) Not applicable.

**Signature:** By: JoAnne Zinman, Power of Attorney For: Sarah Gilligan  
**Date:** 2023-03-15

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**