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TARGET CORP Director's Dealing 2009

Oct 14, 2009

30059_dirs_2009-10-14_3ec1a528-5106-43fb-a9eb-e8b5cb2dabb8.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: 2009-10-12

Reporting Person: JOHNSON JAMES A /DC/ (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-10-12 Common Stock M 8864 $33.8512 Acquired 19472 Direct
2009-10-12 Common Stock S 8864 $49.8179 Disposed 10608 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-10-12 Stock Option $33.8512 M 8864 Disposed 2010-01-12 Common Stock (8864) Direct

Footnotes

F1: Price is the volume weighted average selling price of all sales by the reporting person on the transaction date. Actual prices ranged from $49.81 to $49.8218. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing that have been reinvested in additional restricted stock units.

F3: Option granted under the Target Corporation Long-Term Incentive Plan.