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Gap Inc – ‘8-K’ for 3/30/20

On:  Monday, 3/30/20, at 4:18pm ET   ·   For:  3/30/20   ·   Accession #:  39911-20-35   ·   File #:  1-07562

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  As Of               Filer                 Filing    For·On·As Docs:Size

 3/30/20  Gap Inc                           8-K:5,7,9   3/30/20   13:220K

Current Report   —   Form 8-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     33K 
 2: EX-99.1     Press Release Dated March 30, 2020                  HTML     22K 
11: R1          Cover Page Cover Page                               HTML     47K 
10: XML         IDEA XML File -- Filing Summary                      XML     12K 
13: XML         XBRL Instance -- mar30covid-19updatex8xk_htm         XML     15K 
 8: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 4: EX-101.CAL  XBRL Calculations -- gps-20200330_cal                XML      7K 
 5: EX-101.DEF  XBRL Definitions -- gps-20200330_def                 XML      9K 
 6: EX-101.LAB  XBRL Labels -- gps-20200330_lab                      XML     66K 
 7: EX-101.PRE  XBRL Presentations -- gps-20200330_pre               XML     36K 
 3: EX-101.SCH  XBRL Schema -- gps-20200330                          XSD     15K 
12: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    18K 
 9: ZIP         XBRL Zipped Folder -- 0000039911-20-000035-xbrl      Zip     18K

‘8-K’   —   Current Report

This is an HTML Document rendered as filed.  [ Alternative Formats ]

 iX:   C:   C:   C: 
  Document  
 i false i 0000039911 0000039911 2020-03-30 2020-03-30


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM  i 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)

 i March 30, 2020

 i THE GAP, INC.
(Exact name of registrant as specified in its charter)
 i Delaware
 
 i 1-7562
 
 i 94-1697231
(State of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 i Two Folsom Street
 
 
 i San Francisco,
 i California
 
 i 94105
(Address of principal executive offices)
 
(Zip Code)

( i 415)  i 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):
 i ☐
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 i ☐
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 i ☐
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 i ☐
 
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
 i Common Stock, $0.05 par value
 i GPS
 i 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
 i ☐
 
 
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 5.02
 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
    
In connection with the announcement described in Item 7.01 below, The Gap, Inc. (the "Company") announced that the entire Gap Inc. leadership team, along with the Board of Directors, will take a temporary reduction in pay.

Item 7.01
 
Regulation FD Disclosure.
On March 30, 2020, the Company issued a press release announcing that it anticipates its store closures to extend past April 1, 2020, and that the Company will furlough a majority of its store teams in the U.S. and Canada, pausing pay but continuing to offer applicable benefits until stores are able to reopen. The Company also announced that it will reduce headcount across its corporate functions. A copy of the press release is furnished hereto as Exhibit 99.1.

Item 9.01
 
Financial Statements and Exhibits.
(d)    Exhibits.
Exhibit No.
 
Exhibit Description
99.1

 
Press Release dated March 30, 2020
 
 
 
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: March 30, 2020
By:
/s/ Katrina O'Connell
 
 
 
Katrina O'Connell
 
 
 
Executive Vice President and
 
 
Chief Financial Officer
 



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
4/1/203,  4
Filed on / For Period end:3/30/20
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Filing Submission 0000039911-20-000035   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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