TARGET CORP — Director's Dealing 2020

Aug 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2020-08-20

Reporting Person: Ward Laysha (Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-20	Common Stock	M	61094.0000	$60.4800	Acquired	147034.0000	Direct
2020-08-20	Common Stock	S	61094.0000	$154.0404	Disposed	85940.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-20	Stock Option	$60.4800	M	61094.0000	Disposed	2023-01-09	Common Stock (61094.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4465.0071	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 $154.00 to $154.46. 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: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of June 30, 2020.

F4: Option granted under the Target Corporation 2011 Long-Term Incentive Plan.

F5: Option granted on January 9, 2013. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.