TARGET CORP — Director's Dealing 2012

Jun 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2012-06-08

Reporting Person: AUSTIN ROXANNE S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-08	Common Stock	M	10458.0000	$38.2500	Acquired	21971.0000	Direct
2012-06-08	Common Stock	M	6391.0000	$33.8000	Acquired	28362.0000	Direct
2012-06-08	Common Stock	S	16849.0000	$58.7485	Disposed	11513.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-08	Stock Option	$38.2500	M	10458.0000	Disposed	2014-01-14	Common Stock (10458.0000)	Direct
2012-06-08	Stock Option	$33.8000	M	6391.0000	Disposed	2019-01-14	Common Stock (6391.0000)	Direct

Footnotes

F1: 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 $58.716 - $58.762. 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: Option granted under the Target Corporation Long-Term Incentive Plan.