TARGET CORP — Director's Dealing 2013

Apr 23, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2013-04-22

Reporting Person: Schiel Tina M (Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-22	Common Stock	M	29833.0000	$48.8800	Acquired	68741.0000	Direct
2013-04-22	Common Stock	M	11706.0000	$49.4100	Acquired	80447.0000	Direct
2013-04-22	Common Stock	S	41539.0000	$68.7995	Disposed	38908.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-22	Stock Option	$48.8800	M	29833.0000	Disposed	2022-01-11	Common Stock (29833.0000)	Direct
2013-04-22	Stock Option	$49.4100	M	11706.0000	Disposed	2020-01-13	Common Stock (11706.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7692.3871	Indirect

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 $68.77 to $68.86. 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 March 28, 2013.

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

F4: Option granted on January 11, 2012. Option becomes exercisable in 25% increments on each anniversary of the grant date.

F5: Option granted on January 13, 2010. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.