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TARGET CORP Director's Dealing 2008

Oct 21, 2008

30059_dirs_2008-10-21_23a9590e-05c6-4e14-8366-3abe1aa62c2b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2008-10-17

Reporting Person: ULRICH ROBERT J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-17	Common Stock	J	160000	$38.19	Acquired	0	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11389.4407	Indirect
Common Stock	713808	Indirect

Footnotes

F1: Acquisition of shares from a GRAT that were previously indirectly owned. Immediately following the acquisition, the shares were transferred to indirect ownership.

F2: Reflects changes in the form of ownership since the date of the reporting person's last filing.

F3: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of September 30, 2008.