Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Chapman Paul Joseph
 2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2015		 3. Issuer Name and Ticker or Trading Symbol
GAP INC [GPS]
(Last)
(First)
(Middle)
TWO FOLSOM ST		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, CIO
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN FRANCISCO, CA 94105-1205		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   (1) 03/12/2022 Common Stock 3,750 $ 25.09 D  
Non-Qualified Stock Option (right to buy)   (2) 03/18/2023 Common Stock 7,500 $ 36.45 D  
Non-Qualified Stock Option (right to buy)   (3) 03/16/2025 Common Stock 30,000 $ 41.27 D  
Non-Qualified Stock Option (right to buy)   (4) 03/17/2024 Common Stock 20,000 $ 42.2 D  
Restricted Stock Unit (5)   (6)   (7) Common Stock 26,914 $ 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chapman Paul Joseph
TWO FOLSOM ST
SAN FRANCISCO, CA 94105-1205		       EVP, CIO  

Signatures

By: Marie Ma, Power of Attorney For: Paul Joseph Chapman 12/10/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) The option represents a right to purchase a total of 15,000 shares exercisable in four equal annual installments beginning on March 12, 2013, 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 10,000 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.
(3) The option represents a right to purchase a total of 30,000 shares exercisable in four equal annual installments beginning on March 16, 2016, which is the first anniversary of the date on which the option was granted.
(4) The option represents a right to purchase a total of 20,000 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.
(5) Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
(6) Represents five grants of Restricted Stock Units (RSUs). The RSU grants vest as follows: 5,728 shares vest on March 17,2016; 5,120 shares vest on March 18, 2016; 2,169 shares vest on March 16, 2017; 5,728 shares vest on March 17, 2017; 3,000 shares vest on August 31, 2017; 2,169 shares vest on March 16, 2018; and 3,000 shares vest on August 31, 2018.
(7) Not applicable.

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