0001179110-13-009421.txt : 20130531
0001179110-13-009421.hdr.sgml : 20130531
20130531174901
ACCESSION NUMBER: 0001179110-13-009421
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130530
FILED AS OF DATE: 20130531
DATE AS OF CHANGE: 20130531
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FISHER JOHN J
CENTRAL INDEX KEY: 0001079847
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07562
FILM NUMBER: 13886119
BUSINESS ADDRESS:
STREET 1: ONE HARRISON STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: 4159524400
MAIL ADDRESS:
STREET 1: C/O PISCES INC
STREET 2: ONE MERITIME PLAZA STE. 1400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
4
1
edgar.xml
FORM 4 -
X0306
4
2013-05-30
0
0000039911
GAP INC
GPS
0001079847
FISHER JOHN J
ONE MARITIME PLAZA, SUITE 1400
SAN FRANCISCO
CA
94111
0
0
1
0
Common Stock
2013-05-30
4
J
0
3600000
D
27000000
I
By Fisher Core Holdings L.P.
Common Stock
2013-05-30
4
J
0
3600000
A
27000000
I
By Fisher Core Holdings L.P.
Common Stock
14691632
D
Common Stock
41652
I
By spouse
Common Stock
4000000
I
By Trust
Common Stock
442014
I
By Trust
Common Stock
20000
I
By Limited Partnerships
The reported securities are held by Fisher Core Holdings L.P., a Delaware limited partnership ("Fisher Holdings"). On May 30, 2013, the reporting person transferred Fisher Holdings partnership units ("Units") to a trust. Each Unit represents an economic interest in shares of The Gap, Inc. ("Gap") common stock and other assets owned by Fisher Holdings. The transaction reflects the simultaneous disposition by the reporting person and acquisition by the reporting person through the trust in which the reporting person has an indirect pecuniary interest. There was no transfer of shares of Gap common stock by Fisher Holdings in connection with this transaction.
An initial cash installment of $80,000,000 was made, with an additional cash payment to be made so that total consideration for the Units equals the lesser of the appraised fair market value of the Units and $100,000,000 (collectively, the "Purchase Price"). Interest will accrue from the transfer date to the payment dates at the short-term applicable federal rate in effect on the transfer date.
As a general partner of Fisher Holdings, the reporting person may be deemed to have indirect beneficial ownership of all 81,000,000 shares of Gap common stock of which Fisher Holdings has beneficial ownership. However, the reporting person disclaims beneficial ownership of all shares of Gap common stock held by Fisher Holdings except to the extent of his direct and indirect pecuniary interest therein.
Jane Spray, Attorney-in-fact
2013-05-31