TARGET CORP — Director's Dealing 2016

Jan 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2016-01-13

Reporting Person: Cornell Brian C (Director, Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-14	Common Stock	G	37804.0000	$0.0000	Disposed	145587.0000	Direct
2016-01-13	Common Stock	A	24610.0000	$0.0000	Acquired	173356.0000	Direct
2015-04-14	Common Stock	G	37804.0000	$0.0000	Acquired	37804.0000	Indirect

Footnotes

F1: The shares gifted by the reporting person on April 14, 2015, were gifted to a joint revocable living trust, of which the reporting person and his spouse are settlors and trustees, for the benefit of the reporting person, his spouse and their children.

F2: Award of performance-based restricted stock units pursuant to the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan. Amount reported represents the minimum number of shares that will be delivered upon satisfaction of vesting conditions. Award vests three years after the grant date.

F3: Includes dividend equivalents paid on performance-based restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional performance-based restricted stock units.