TARGET CORP — Director's Dealing 2012

Jan 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2012-01-11

Reporting Person: AUSTIN ROXANNE S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-11	Common Stock	A	1842.0000	$0.0000	Acquired	11450.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-11	Stock Option	$48.8800	A	6365.0000	Acquired	2022-01-11	Common Stock (6365.0000)	Direct

Footnotes

F1: Award of restricted stock units pursuant to the Target Corporation 2011 Long-Term Incentive Plan.

F2: 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.

F3: Option granted under the Target Corporation 2011 Long-Term Incentive Plan.