TARGET CORP — Director's Dealing 2010

Nov 29, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2010-11-24

Reporting Person: Jacob Beth M (Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-24	Common Stock	M	6023.0000	$41.5100	Acquired	31237.0000	Direct
2010-11-24	Common Stock	S	6023.0000	$56.8116	Disposed	25214.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-24	Stock Option	$41.5100	M	6023.0000	Disposed	2012-05-13	Common Stock (6023.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2139.3698	Indirect

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: Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $56.810 to 56.815. 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.

F3: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of September 30, 2010.

F4: Option granted under the Target Corporation Long-Term Incentive Plan.

F5: Option granted on May 13, 2002. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.