Gap Inc V.GAP

Primary Symbol: GAP

Consumer Cyclical

The Gap, Inc. is a specialty apparel company in America. The Company offers apparel, accessories and personal care products for women, men and children. Its Old Navy, Gap, Banana Republic, and Athleta brands offer clothing, accessories and lifestyle products for men, women and children. It is an omni-channel retailer, with sales to customers both in stores and online, through Company-operated and franchise stores, websites, and third-party arrangements. Its omni-channel services, including buying online pick-up in store, order-in-store, find-in-store, and ship-from-store, as well as enhanced mobile-enabled experiences, are tailored across its collection of brands. Gap includes adult apparel and accessories, GapKids, babyGap, Gap Maternity, GapBody, and GapFit collections. Banana Republic is a premium lifestyle retailer celebrating exploration and self-expression through timeless quality, versatile fabrics, and exceptionally made womenswear, menswear, and home designs.

NYSE:GAP - Post by User

Gap Inc

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Comment by High_Fiveon Jul 28, 2009 4:47pm

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Post# 16173057

RE: RE: RE: Insider sell yesterday

Its likely that the insider selling was the NRC selling. They sold enough shares to cover the debt on their books. They are still getting the other shares issued to them at the agreed price of .15 as per the press release (new shares for debt).

This is not a big deal.

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