TARGET CORP — Director's Dealing 2019

Aug 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2019-08-22

Reporting Person: Ward Laysha (Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-22	Common Stock	M	25681.0000	$55.4600	Acquired	93852.0000	Direct
2019-08-22	Common Stock	S	1281.0000	$105.2012	Disposed	92571.0000	Direct
2019-08-22	Common Stock	S	24400.0000	$104.5793	Disposed	68171.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-22	Stock Option	$55.4600	M	25681.0000	Disposed	2021-01-12	Common Stock (25681.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4369.1653	Indirect

Footnotes

F1: 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.

F2: 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 $105.00 to $105.33. 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.

F3: 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 $104.00 to $104.99. 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.

F4: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of June 30, 2019.

F5: Option granted under the Target Corporation Long-Term Incentive Plan.

F6: Option granted on January 12, 2011. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.