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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(AMENDMENT NO. 23)(1)
The Gap, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
364760-10-8
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(CUSIP Number)
December 31, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/ / Rule 13d-(c)
/X/ Rule 13d-1(d)
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP No. _364760-10- 13G Page 2 of 7 Pages
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1. NAME OF REPORTING PERSONS: Donald G. Fisher
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY 131,416,389 (owned jointly with filing person's spouse,
Doris F. Fisher, who is filing a separate Schedule 13G/A).
OWNED BY ---------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
EACH 378,919 (See Item 4.)
REPORTING ---------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
131,416,389 (owned jointly with filing person's spouse,
PERSON Doris F. Fisher, who is filing a separate Schedule
13G/A).
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WITH
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
131,795,208
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* /X/
See Attachment A
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
23.1
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. _364760-10- 13G Page 3 of 7 Pages
ITEM 1(a). NAME OF ISSUER:
The Gap, Inc. (the "Issuer")
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE:
One Harrison Street
San Francisco, CA 94105
ITEM 2(a). NAME OF PERSON FILING:
Donald G. Fisher ("Reporting Person")
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
One Harrison Street
San Francisco, CA 94105
ITEM 2(c). CITIZENSHIP:
USA
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock (the "Common Stock")
ITEM 2(e). CUSIP NUMBER:
364760-10-8
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b),
CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or dealer registered under Section 15 of the Act,
(b) / / Bank as defined in Section 3(a)(6) of the Act,
(c) / / Insurance Company as defined in Section 3(a)(19) of the Act,
(d) / / Investment Company registered under Section 8 of the
Investment Company Act,
(e) / / Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940,
(f) / / Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund, SEE 13d-1(b)(1)(ii)(F),
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CUSIP No. _364760-10- 13G Page 4 of 7 Pages
(g) / / Parent Holding Company, in accordance with Rule
13d-1(b)(1)(ii)(G); SEE Item 7,
(h) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
ITEM 4. OWNERSHIP.
If the percent of the class owned, as of December 31 of the year covered by
the statement, or as of the last day of any month described in Rule 13d-l (b)
(2), if applicable, exceeds five percent, provide the following information as
of that date and identify those shares which there is a right to acquire.
(a) Amount beneficially owned: 131,795,208
(b) Percent of class: 23.1
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 131,416,389
(iii) Sole power to dispose or to direct the disposition of:
378,819
(iv) Shared power to dispose or to direct the disposition of:
131,416,389
This amended Schedule 13G is being filed to correct an error in the
characterization of 378,819 shares held by the Donald and Doris Fisher Family
Foundation. Although Donald G. and Doris F. Fisher do not otherwise have voting
or disposition power over the shares of the Issuer held by the Foundation, the
Board of Directors of the Foundation by resolution dated November 17, 1998 gave
Donald G. Fisher authority to dispose of stock of the Issuer and reinvest the
proceeds on behalf of the Foundation. Donald G. and Doris F. Fisher disclaim
beneficial ownership of all 378,819 shares.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the date
hereof the Reporting Person has ceased to be the beneficial owner of more than
five percent of the Common Stock, check the following / /.
ITEM 6. OWNERSHIP OF MOVE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
N/A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
N/A
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CUSIP No. _364760-10- 13G Page 5 of 7 Pages
ITEM 10. CERTIFICATION.
N/A
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CUSIP No. _364760-10- 13G Page 6 of 7 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 12, 1999
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(Date)
/s/ Donald G. Fisher
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(Signature)
Donald G. Fisher/Chairman
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(Name/Title)
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CUSIP No. _364760-10- 13G Page 7 of 7 Pages
ATTACHMENT A
SCHEDULE 13G/A
THE GAP, INC.
(Name of Issuer)
364760-10-8
(CUSIP NUMBER)
10. Excludes shares held, directly or indirectly, by Reporting Person's three
adult sons, beneficial ownership of which is disclaimed.
