TARGET CORP — Director's Dealing 2011

Dec 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2011-12-13

Reporting Person: TRUJILLO SOLOMON D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-13	Common Stock	M	9804.0000	$40.8000	Acquired	62523.0000	Direct
2011-12-13	Common Stock	F	7479.0000	$53.4800	Disposed	55044.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-13	Stock Option	$40.8000	M	9804.0000	Disposed	2012-01-09	Common Stock (9804.0000)	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.