TARGET CORP — Director's Dealing 2009

Jan 16, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2009-01-14

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-01-14	Stock Option	$33.8	A	21480	Acquired	2019-01-14	Common Stock (21480)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15671	Direct

Footnotes

F1: 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.

F2: Option granted under the Target Corporation Long-Term Incentive Plan.