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)
May 18, 2010
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) |
(650) 952-4400
(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)) |
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
On May 18, 2010, The Gap, Inc. (the “Company”) held its annual meeting of shareholders in San Francisco, California (“Annual Meeting”). As of March 22, 2010, the Company’s record date, there were a total of 667,420,104 shares of Common Stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 594,580,939 shares of Common Stock were represented in person or by proxy and, therefore, a quorum was present.
The shareholders of the Company voted on the following items at the Annual Meeting:
| 1. | Election of the Directors nominated by the Board of Directors. |
| 2. | Ratification of the selection of Deloitte & Touche LLP as the Company’s registered public accounting firm for the fiscal year ending January 29, 2011. |
| 3. | Approval of the Amendment and Restatement of The Gap, Inc. Executive Management Incentive Compensation Award Plan. |
Votes regarding the election of the director nominees were as follows:
| Nominee |
For | Withhold | Broker Non-Votes | |||
| Adrian D.P. Bellamy |
552,701,893 | 11,509,786 | 30,369,260 | |||
| Domenico De Sole |
559,959,939 | 4,251,740 | 30,369,260 | |||
| Robert J. Fisher |
555,841,001 | 8,370,678 | 30,369,260 | |||
| William S. Fisher |
556,840,774 | 7,370,905 | 30,369,260 | |||
| Bob L. Martin |
559,094,140 | 5,117,539 | 30,369,260 | |||
| Jorge P. Montoya |
560,146,558 | 4,065,121 | 30,369,260 | |||
| Glenn K. Murphy |
553,707,773 | 10,503,906 | 30,369,260 | |||
| James M. Schneider |
560,148,765 | 4,062,914 | 30,369,260 | |||
| Mayo A. Shattuck III |
553,081,644 | 11,130,035 | 30,369,260 | |||
| Kneeland C. Youngblood |
560,189,751 | 4,021,928 | 30,369,260 |
Based on the votes set forth above, the director nominees were duly elected.
The proposal to ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 29, 2011 received the following votes:
| For | Against | Abstain | Broker Non-Votes | |||||
| Deloitte & Touche LLP |
589,076,252 | 5,351,267 | 153,420 | 0 |
Based on the votes set forth above, the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 29, 2011 was duly ratified.
The proposal to approve the Amendment and Restatement of The Gap, Inc. Executive Management Incentive Compensation Award Plan received the following votes:
| For | Against | Abstain | Broker Non-Votes | |||||
| The Gap, Inc. Executive Management Incentive Compensation Award Plan |
575,952,763 | 18,259,841 | 368,335 | 0 |
Based on the votes set forth above, the Amendment and Restatement of The Gap, Inc. Executive Management Incentive Compensation Award Plan was approved.
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. | ||||
| (Registrant) | ||||
| Date: May 20, 2010 | By: |
/s/ Michelle Banks | ||
| Michelle Banks | ||||
| Senior Vice President, General Counsel, | ||||
| Corporate Secretary and Chief Compliance Officer | ||||