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KOHLS Corp Director's Dealing 2010

May 24, 2010

31809_dirs_2010-05-24_6f85db55-2345-4ebe-8bae-1f3ed25bd9f1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOHLS CORPORATION (KSS)
CIK: 0000885639
Period of Report: 2010-05-21

Reporting Person: SOMMERHAUSER PETER M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-21 Common Stock M 3000 $51.25 Acquired 117697 Direct
2010-05-21 Common Stock S 3000 $51.8306 Disposed 114697 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-21 Director Stock Options $51.25 M 3000 Disposed 2010-05-22 Common Shares (3000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 84697 Indirect
Common Stock 15422 Indirect
Common Stock 11675 Indirect

Footnotes

F1: Includes 929 unvested shares of restricted stock.

F2: Mr. Sommerhauser is not a trustee or beneficiary of any of the family trusts. He disclaims ownership of the trusts' shares for purposes of Section 16 of the Exchange Act and, accordingly, disclaims any obligation to report their transactions.

F3: The filing of this report shall not be deemed an admission that Mr. Sommerhauser is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934.

F4: The options had a three year vesting schedule as follows: 1,000 on 5/22/2001, 1,000 on 5/22/2002 and 1,000 on 5/22/2003.