TARGET CORP — Director's Dealing 2010

Feb 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2010-01-28

Reporting Person: Kozlak Jodee A (Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-28	Common Stock	M	5911	$33.84	Acquired	40264	Direct
2010-01-28	Common Stock	M	4958	$30.26	Acquired	45222	Direct
2010-01-28	Common Stock	M	1839	$40.8	Acquired	47061	Direct
2010-01-28	Common Stock	S	12708	$51.8783	Disposed	34353	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-28	Stock Option	$40.8	M	1839	Disposed	2012-01-09	Common Stock (1839)	Direct
2010-01-28	Stock Option	$33.84	M	5911	Disposed	2012-09-04	Common Stock (5911)	Direct
2010-01-28	Stock Option	$30.26	M	4958	Disposed	2013-01-08	Common Stock (4958)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3334.8648	Indirect

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 $51.87 to $51.8870. 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: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2009.

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

F4: Option granted on January 9, 2002. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.

F5: Option granted on September 4, 2002. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.

F6: Option granted on January 8, 2003. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.