X0303 4 2009-04-17 0000786110 GYMBOREE CORP GYMB 0001248223 LAMBERT BLAIR W C/O THE GYMBOREE CORPORATION 500 HOWARD STREET SAN FRANCISCO CA 94105 1 1 Chief OP Officer & CFO Common Stock 2009-04-17 4 S 0 7549 29.003 D 234210 D Common Stock 1323.714 I By 401(k) Plan The sale was effected pursuant to Rule 10b5-1 trading plans adopted by Mr. Lambert on March 28, 2008 and June 12, 2008 for the purpose of selling shares as necessary to satisfy applicable tax withholding obligations upon the vesting of restricted stock. Vesting occurred on April 16, 2009. Kimberly Holtz MacMillan as Attorney-in-Fact 2009-04-20