TARGET CORP — Director's Dealing 2020

Mar 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2020-03-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-24	Common Stock	G	77440.0000	$0.0000	Disposed	111016.0000	Direct
2019-12-11	Common Stock	G	110000.0000	$0.0000	Acquired	223112.0000	Direct
2020-03-11	Common Stock	A	33360.0000	$0.0000	Acquired	257169.0000	Direct
2020-03-11	Common Stock	A	18505.0000	$0.0000	Acquired	275674.0000	Direct
2020-03-11	Common Stock	F	19680.0000	$105.7000	Disposed	255994.0000	Direct
2019-04-24	Common Stock	G	77440.0000	$0.0000	Acquired	312894.0000	Indirect
2019-12-11	Common Stock	G	110000.0000	$0.0000	Disposed	202894.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	417.9768	Indirect

Footnotes

F1: Reflects the gift of shares to a revocable living trust, of which the reporting person and his spouse are trustees, for the benefit of the reporting person, his spouse and their children.

F2: Reflects the transfer of shares to the reporting person from a revocable living trust, of which the reporting person and his spouse are trustees, for the benefit of the reporting person, his spouse and their children.

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.

F4: 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.

F5: Acquired pursuant to the settlement of performance-based restricted stock unit award granted under Target's 2011 Long-Term Incentive Plan, including dividend equivalents paid on such shares since the grant date. The award was previously reported by the reporting person on January 13, 2017.

F6: Withholding of stock to satisfy tax withholding obligation on vesting of performance-based restricted stock unit award referenced in footnote (5).

F7: The shares gifted by the reporting person on April 24, 2019, were gifted to a revocable living trust, of which the reporting person and his spouse are trustees, for the benefit of the reporting person, his spouse and their children.

F8: Reflects the transfer of shares to the reporting person on December 11, 2019, from a revocable living trust, of which the reporting person and his spouse are trustees, for the benefit of the reporting person, his spouse and their children.

F9: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2019.