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<title>gps-20201124</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xMy9mcmFnOmJlMTZiYmI5MjI1MDRiODBiZWM5N2QzYzNlNzMzNTJmL3RhYmxlOjlmMWQ1ZTQ5MGY2ZjRhMDVhNWEwMWRkY2E3Y2E2ZTMxL3RhYmxlcmFuZ2U6OWYxZDVlNDkwZjZmNGEwNWE1YTAxZGRjYTdjYTZlMzFfMi0xLTEtMS0w_f105c6b5-98e7-419f-813b-c90d5069a6fc">0000039911</ix:nonNumeric><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:AmendmentFlag" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xMy9mcmFnOmJlMTZiYmI5MjI1MDRiODBiZWM5N2QzYzNlNzMzNTJmL3RhYmxlOjlmMWQ1ZTQ5MGY2ZjRhMDVhNWEwMWRkY2E3Y2E2ZTMxL3RhYmxlcmFuZ2U6OWYxZDVlNDkwZjZmNGEwNWE1YTAxZGRjYTdjYTZlMzFfMy0xLTEtMS0w_b6e8abed-3647-4b21-8daf-5af31a42b510">false</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="gps-20201124.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="i512b717d23254a4aa741894fd82d208d_D20201124-20201124"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0000039911</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2020-11-24</xbrli:startDate><xbrli:endDate>2020-11-24</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="i98aa299bae664a48a8fd22312486f4bf_1"></div><div style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:0 1pt"></td></tr></table></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:174%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:144%">Washington, D.C. 20549</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:144%">FORM <ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGV4dHJlZ2lvbjoyM2Y1ZDZhYjdkYzM0NTg3OGYxOGQ5Y2M2M2IwYTM4Y183Mjc_263de5ee-23e8-46e5-a239-c6c7e0d7ef9f">8-K</ix:nonNumeric> </span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">CURRENT REPORT</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to Section 13 or 15(d) of the </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Securities Exchange Act of 1934</span></div><div style="margin-top:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Date of Report</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Date of earliest event reported)</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGV4dHJlZ2lvbjoyM2Y1ZDZhYjdkYzM0NTg3OGYxOGQ5Y2M2M2IwYTM4Y18yMjk_9022ec46-074f-4f6d-bbd2-30fa1e6e5698">November 24, 2020</ix:nonNumeric> </span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:144%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGV4dHJlZ2lvbjoyM2Y1ZDZhYjdkYzM0NTg3OGYxOGQ5Y2M2M2IwYTM4Y183Mjg_111ef34a-b3b1-4475-a397-45010f02f688">THE GAP, INC.</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Exact name of registrant as specified in its charter)</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:532.50pt"><tr><td style="width:1.0pt"></td><td style="width:166.00pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:12.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:166.00pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:12.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:166.00pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6MjQyODIzNzBjMzc0NGRmMGE0YzYxOGFmODJkNmQwOWUvdGFibGVyYW5nZToyNDI4MjM3MGMzNzQ0ZGYwYTRjNjE4YWY4MmQ2ZDA5ZV8wLTAtMS0xLTA_55921251-1fdc-4cc2-b7be-0758e6f4105d">Delaware</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6MjQyODIzNzBjMzc0NGRmMGE0YzYxOGFmODJkNmQwOWUvdGFibGVyYW5nZToyNDI4MjM3MGMzNzQ0ZGYwYTRjNjE4YWY4MmQ2ZDA5ZV8wLTItMS0xLTA_2111effe-670c-4ca5-b58d-d881611cf242">1-7562</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6MjQyODIzNzBjMzc0NGRmMGE0YzYxOGFmODJkNmQwOWUvdGFibGVyYW5nZToyNDI4MjM3MGMzNzQ0ZGYwYTRjNjE4YWY4MmQ2ZDA5ZV8wLTQtMS0xLTA_3a8e7df8-776d-4da5-bf7d-87f2caaabacf">94-1697231</ix:nonNumeric></span></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(State of incorporation)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Commission File Number)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(IRS Employer Identification No.)</span></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:261.00pt"><tr><td style="width:1.0pt"></td><td style="width:99.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:66.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:12.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:75.25pt"></td><td style="width:1.0pt"></td></tr><tr style="height:12pt"><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZmY0OGNmYjVhNjcwNDljYmI3Y2IzNjIyMDg5YjFiNTEvdGFibGVyYW5nZTpmZjQ4Y2ZiNWE2NzA0OWNiYjdjYjM2MjIwODliMWI1MV8wLTAtMS0xLTA_e046c82b-78d0-4024-9ad0-44c6f6d16193">Two Folsom Street</ix:nonNumeric> </span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZmY0OGNmYjVhNjcwNDljYmI3Y2IzNjIyMDg5YjFiNTEvdGFibGVyYW5nZTpmZjQ4Y2ZiNWE2NzA0OWNiYjdjYjM2MjIwODliMWI1MV8xLTAtMS0xLTA_a5a80de3-2313-448d-9932-43ade65aa9f6">San Francisco,</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZmY0OGNmYjVhNjcwNDljYmI3Y2IzNjIyMDg5YjFiNTEvdGFibGVyYW5nZTpmZjQ4Y2ZiNWE2NzA0OWNiYjdjYjM2MjIwODliMWI1MV8xLTEtMS0xLTA_ffe46c1a-9a34-4205-9e2a-af3250e85875">California</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZmY0OGNmYjVhNjcwNDljYmI3Y2IzNjIyMDg5YjFiNTEvdGFibGVyYW5nZTpmZjQ4Y2ZiNWE2NzA0OWNiYjdjYjM2MjIwODliMWI1MV8xLTMtMS0xLTA_a5df0986-662a-4dfe-96e4-02ed480d9c61">94105</ix:nonNumeric></span></td></tr><tr style="height:15pt"><td colspan="6" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Address of principal executive offices)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Zip Code)</span></td></tr></table></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">(<ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGV4dHJlZ2lvbjoyM2Y1ZDZhYjdkYzM0NTg3OGYxOGQ5Y2M2M2IwYTM4Y183Mjk_19ce3218-0539-4530-b8a9-bb27b42c289d">415</ix:nonNumeric>) <ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:LocalPhoneNumber" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGV4dHJlZ2lvbjoyM2Y1ZDZhYjdkYzM0NTg3OGYxOGQ5Y2M2M2IwYTM4Y183MzA_471436fa-389f-4271-9176-2ddd31f4ad4c">427-0100</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Registrant&#8217;s telephone number, including area code)</span></div><div style="padding-left:5.62pt;padding-right:5.62pt;text-align:center"><span><br/></span></div><div style="padding-left:5.62pt;padding-right:5.62pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">N/A</span></div><div style="padding-left:5.62pt;padding-right:5.62pt;text-align:center"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Former name or former address, if changed since last report.)</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</span></div><div style="margin-bottom:5pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.853%"><tr><td style="width:0.1%"></td><td style="width:2.581%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.145%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:91.874%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 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230.425)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" format="ixt-sec:boolballotbox" name="dei:SolicitingMaterial" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZDllNzAyNTUwMTJhNGRjNThmNWRjYzQ5ZDcwOTRmNWIvdGFibGVyYW5nZTpkOWU3MDI1NTAxMmE0ZGM1OGY1ZGNjNDlkNzA5NGY1Yl8xLTAtMS0xLTA_f0d028ea-93c8-44c3-bbce-db99a1bffce0">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" format="ixt-sec:boolballotbox" name="dei:PreCommencementTenderOffer" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZDllNzAyNTUwMTJhNGRjNThmNWRjYzQ5ZDcwOTRmNWIvdGFibGVyYW5nZTpkOWU3MDI1NTAxMmE0ZGM1OGY1ZGNjNDlkNzA5NGY1Yl8yLTAtMS0xLTA_3be360d9-110f-4b2f-b461-5cda609c7961">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:36pt;text-indent:-36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" format="ixt-sec:boolballotbox" name="dei:PreCommencementIssuerTenderOffer" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZDllNzAyNTUwMTJhNGRjNThmNWRjYzQ5ZDcwOTRmNWIvdGFibGVyYW5nZTpkOWU3MDI1NTAxMmE0ZGM1OGY1ZGNjNDlkNzA5NGY1Yl8zLTAtMS0xLTA_413a6007-a63d-4392-8c63-8c023a5528bf">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:0 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style="width:204.25pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Title of each class</span></td><td colspan="3" style="border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Trading Symbol</span></td><td colspan="3" style="border-left:1pt solid #000000;border-right:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Name of each exchange on which registered</span></td></tr><tr style="height:15pt"><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:Security12bTitle" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZjZiMDEyNzcxYzA1NDUwODliMjg5MGRhNTY2NWQ4YTYvdGFibGVyYW5nZTpmNmIwMTI3NzFjMDU0NTA4OWIyODkwZGE1NjY1ZDhhNl8xLTAtMS0xLTA_05f20c25-f91a-4b95-9d95-22d8f4a5534d">Common Stock, $0.05 par value</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" name="dei:TradingSymbol" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZjZiMDEyNzcxYzA1NDUwODliMjg5MGRhNTY2NWQ4YTYvdGFibGVyYW5nZTpmNmIwMTI3NzFjMDU0NTA4OWIyODkwZGE1NjY1ZDhhNl8xLTEtMS0xLTA_503e4fe2-df45-4ce2-a62f-606e1e83cc8c">GPS</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-right:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6ZjZiMDEyNzcxYzA1NDUwODliMjg5MGRhNTY2NWQ4YTYvdGFibGVyYW5nZTpmNmIwMTI3NzFjMDU0NTA4OWIyODkwZGE1NjY1ZDhhNl8xLTItMS0xLTA_eb2fed62-7e1b-4215-b5c9-5d84a36c1ef4">The New York Stock Exchange</ix:nonNumeric></span></td></tr></table></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:95.971%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.729%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Emerging growth company  </span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i512b717d23254a4aa741894fd82d208d_D20201124-20201124" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="id3VybDovL2RvY3MudjEvZG9jOjk4YWEyOTliYWU2NjRhNDhhOGZkMjIzMTI0ODZmNGJmL3NlYzo5OGFhMjk5YmFlNjY0YTQ4YThmZDIyMzEyNDg2ZjRiZl8xL2ZyYWc6MjNmNWQ2YWI3ZGMzNDU4NzhmMThkOWNjNjNiMGEzOGMvdGFibGU6NTUzZDk3YThmYjdiNDAwOWE1YTdlMDYxNDU2M2U3ODQvdGFibGVyYW5nZTo1NTNkOTdhOGZiN2I0MDA5YTVhN2UwNjE0NTYzZTc4NF8yLTEtMS0xLTA_aa06e6a7-bb7a-4b2c-800c-1a05439ed75e">&#9744;</ix:nonNumeric></span></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9744;</span></td></tr></table></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><div id="i98aa299bae664a48a8fd22312486f4bf_4"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 2.02</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Results of Operations and Financial Condition.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;On November 24, 2020, The Gap, Inc. (the "Company")</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">issued a press release announcing the Company&#8217;s earnings for the third quarter of fiscal 2020 ended October 31, 2020.  A copy of this press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference. A slide presentation, which includes supplemental information relating to the Company's third quarter earnings, is furnished as Exhibit 99.3 to this current report.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;The information provided pursuant to Item 2.02, including the exhibits furnished herewith, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (as amended, the "Exchange Act") or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933 (as amended, the "Securities Act") or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.</span></div><div><span><br/></span></div><div id="i98aa299bae664a48a8fd22312486f4bf_144"></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 5.02    &#160;&#160;&#160;&#160;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></div><div style="padding-left:36pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Compensatory Arrangements of Certain Officers.</span></div><div style="padding-left:36pt;text-indent:36pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">(c)</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">On November 20, 2020, the compensation and management development committee of the board of directors of the Company appointed Asheesh Saksena as the Company's Chief Growth Officer, effective January 11, 2021.</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Prior to his appointment as the Company's Chief Growth Officer, Mr. Saksena, 56, served as the Senior Advisor to the Chief Executive Officer of Best Buy Co., Inc., an American multinational consumer electronics retailer, from August 2020 to November 2020; President of Best Buy Health of Best Buy Co., Inc. from December 2018 to August 2020; and Chief Strategic Growth Officer of Best Buy Co., Inc. from June 2016 to December 2018. Prior to joining Best Buy, Mr. Saksena served as Executive Vice President, Chief Strategy Officer of Cox Communications, an American company that provides digital cable television, telecommunications and home automation services and a wholly owned subsidiary of Cox Enterprises, Inc., from October 2011 to May 2016.</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Pursuant to the terms of Mr. Saksena&#8217;s at-will offer letter with the Company (the "Offer Letter"), he will receive an annual base salary of $900,000 and will be eligible for an annual target bonus equal to 125% of his base salary, prorated to his start date. Mr. Saksena will also be eligible to receive long-term equity incentive awards with an annual target value of $3,000,000, which will be comprised of 60% performance restricted stock units, 20% stock options and 20% restricted stock units. The vesting period for such awards will be determined at the time of grant. Mr. Saksena is also eligible to receive severance benefits as set forth in the Offer Letter, which include 18 months of post-termination salary payments, reimbursement of healthcare premiums through COBRA, financial counseling, a prorated annual bonus and accelerated vesting of restricted stock units and performance shares or units that remain subject only to time vesting conditions scheduled to vest prior to April 1 following the fiscal year of termination.  </span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">There are no family relationships existing between Mr. Saksena and any director or executive officer of the Company. There have been no transactions, and no transactions are currently proposed, in which the Company was or is to be a participant and in which Mr. Saksena or any member of his immediate family had or will have any interest, that are required to be disclosed by Item 404(a) of Regulation S-K. In addition, there are no arrangements or understandings between Mr. Saksena and any other persons pursuant to which Mr. Saksena was appointed to this position.</span></div><div><span><br/></span></div><div id="i98aa299bae664a48a8fd22312486f4bf_161"></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">I</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">tem 7.01    &#160;&#160;&#160;&#160;Regulation FD Disclosure.</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">On November 24, 2020, the Company issued a press release announcing the appointment of Mr. Saksena as Chief Growth Officer and Sandra Stangl as President and Chief Executive Officer of Banana Republic. Ms. Stangl will begin her role on December 14, 2020. A copy of this press release is attached hereto as Exhibit 99.2.</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The information provided pursuant to Item 7.01, including Exhibit 99.2 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.</span></div><div><span><br/></span></div><div id="i98aa299bae664a48a8fd22312486f4bf_7"></div><div style="-sec-extract:summary;margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 9.01</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Financial Statements and Exhibits.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(d)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;Exhibits.</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div style="margin-bottom:5pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:512.25pt"><tr><td style="width:1.0pt"></td><td style="width:54.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:1.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:450.25pt"></td><td style="width:1.0pt"></td></tr><tr style="height:20pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Exhibit No.</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Exhibit Description</span></td></tr><tr style="height:24pt"><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.1&#160;</span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="q32020eprexhibit991.htm">Press Release dated November 24, 2020 announcing the Company&#8217;s earnings for the third quarter ended October 31, 2020</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.2&#160;</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="q32020eprexhibit992.htm">Press Release dated November 24, 2020</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.3&#160;</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="q32020eprexhibit993.htm">Supplemental slides provided in connection with the Company&#8217;s third quarter 2020 earnings call</a></span></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104&#160;</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cover Page Interactive Data File (embedded within the Inline XBRL document)</span></td></tr></table></div><div><span><br/></span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><div id="i98aa299bae664a48a8fd22312486f4bf_10"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div style="margin-bottom:12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SIGNATURES</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div style="margin-bottom:5pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:468.00pt"><tr><td style="width:1.0pt"></td><td style="width:246.25pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:22.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:121.75pt"></td><td style="width:1.0pt"></td><td style="width:1.0pt"></td><td style="width:69.25pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">THE GAP, INC.</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Date: November 24, 2020</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/ Katrina O'Connell</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Katrina O'Connell</span></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Executive Vice President and</span></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chief Financial Officer</span></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div><span><br/></span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div></body></html>
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gps-20201124
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report
(Date of earliest event reported)
November 24, 2020
THE GAP, INC.
(Exact name of registrant as specified in its charter)
Delaware
1-7562
94-1697231
(State of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
Two Folsom Street
San Francisco,
California
94105
(Address of principal executive offices)
(Zip Code)
(
415
)
427-0100
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock, $0.05 par value
GPS
The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 2.02
Results of Operations and Financial Condition.
On November 24, 2020, The Gap, Inc. (the "Company")
issued a press release announcing the Company's earnings for the third quarter of fiscal 2020 ended October 31, 2020.  A copy of this press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference. A slide presentation, which includes supplemental information relating to the Company's third quarter earnings, is furnished as Exhibit 99.3 to this current report.
The information provided pursuant to Item 2.02, including the exhibits furnished herewith, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (as amended, the "Exchange Act") or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933 (as amended, the "Securities Act") or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 5.02        Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
(c)
On November 20, 2020, the compensation and management development committee of the board of directors of the Company appointed Asheesh Saksena as the Company's Chief Growth Officer, effective January 11, 2021.
Prior to his appointment as the Company's Chief Growth Officer, Mr. Saksena, 56, served as the Senior Advisor to the Chief Executive Officer of Best Buy Co., Inc., an American multinational consumer electronics retailer, from August 2020 to November 2020; President of Best Buy Health of Best Buy Co., Inc. from December 2018 to August 2020; and Chief Strategic Growth Officer of Best Buy Co., Inc. from June 2016 to December 2018. Prior to joining Best Buy, Mr. Saksena served as Executive Vice President, Chief Strategy Officer of Cox Communications, an American company that provides digital cable television, telecommunications and home automation services and a wholly owned subsidiary of Cox Enterprises, Inc., from October 2011 to May 2016.
Pursuant to the terms of Mr. Saksena's at-will offer letter with the Company (the "Offer Letter"), he will receive an annual base salary of $900,000 and will be eligible for an annual target bonus equal to 125% of his base salary, prorated to his start date. Mr. Saksena will also be eligible to receive long-term equity incentive awards with an annual target value of $3,000,000, which will be comprised of 60% performance restricted stock units, 20% stock options and 20% restricted stock units. The vesting period for such awards will be determined at the time of grant. Mr. Saksena is also eligible to receive severance benefits as set forth in the Offer Letter, which include 18 months of post-termination salary payments, reimbursement of healthcare premiums through COBRA, financial counseling, a prorated annual bonus and accelerated vesting of restricted stock units and performance shares or units that remain subject only to time vesting conditions scheduled to vest prior to April 1 following the fiscal year of termination.
There are no family relationships existing between Mr. Saksena and any director or executive officer of the Company. There have been no transactions, and no transactions are currently proposed, in which the Company was or is to be a participant and in which Mr. Saksena or any member of his immediate family had or will have any interest, that are required to be disclosed by Item 404(a) of Regulation S-K. In addition, there are no arrangements or understandings between Mr. Saksena and any other persons pursuant to which Mr. Saksena was appointed to this position.
I
tem 7.01        Regulation FD Disclosure.
On November 24, 2020, the Company issued a press release announcing the appointment of Mr. Saksena as Chief Growth Officer and Sandra Stangl as President and Chief Executive Officer of Banana Republic. Ms. Stangl will begin her role on December 14, 2020. A copy of this press release is attached hereto as Exhibit 99.2.
The information provided pursuant to Item 7.01, including Exhibit 99.2 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit No.
Exhibit Description
99.1
Press Release dated November 24, 2020 announcing the Company's earnings for the third quarter ended October 31, 2020
99.2
Press Release dated November 24, 2020
99.3
Supplemental slides provided in connection with the Company's third quarter 2020 earnings call
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
THE GAP, INC.
Date: November 24, 2020
By:
/s/ Katrina O'Connell
Katrina O'Connell
Executive Vice President and
Chief Financial Officer