TARGET CORP — Director's Dealing 2009

Mar 13, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2009-03-11

Reporting Person: SCOVANNER DOUGLAS A (Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-03-11	Common Stock	A	1260	—	Acquired	174566	Direct
2009-03-11	Common Stock	F	413	$27.31	Disposed	174153	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7882.8512	Indirect
Common Stock	3000	Indirect

Footnotes

F1: Acquired pursuant to the settlement of a performance share unit award granted under Target's Long-Term Incentive Plan.

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: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2008.