This excerpt taken from the GPS 8-K filed Feb 12, 2008.
Stock Award. The Compensation and Management Development Committee of the Board of Directors approved a stock award grant to you on January 16, 2008 (date of grant) covering 125,000 shares of Gap Inc. common stock, subject to the provisions of the Company's stock plan. Stock awards are in the form of units that are paid in Gap Inc. stock upon vesting. The award will vest as shown in the schedule below, provided you are employed with Gap Inc. on the vesting date.
Stock Award of 62,500 shares vesting two years from date of grant
Stock Award of 62,500 shares vesting three years from date of grant