TARGET CORP — Director's Dealing 2017

May 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2017-05-22

Reporting Person: Gomez Richard H. (Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-22	Stock Option	$55.6000	A	147276.0000	Acquired	2024-05-22	Common Stock (147276.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21312.0000	Direct
Common Stock	302.6593	Indirect

Footnotes

F1: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of March 31, 2017.

F2: An award of price-vested stock options under the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan.

F3: In addition, the price-vested stock options will become exercisable only if the closing price of Target's stock exceeds a hurdle of $75 for 20 consecutive trading days within the seven-year term.