TARGET CORP — Director's Dealing 2021

Mar 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARGET CORP (TGT)
CIK: 0000027419
Period of Report: 2021-03-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-01	Common Stock	G	93364.0000	$0.0000	Acquired	316717.0000	Direct
2021-03-10	Common Stock	A	33378.0000	$0.0000	Acquired	257665.0000	Direct
2021-03-10	Common Stock	A	29645.0000	$0.0000	Acquired	287310.0000	Direct
2021-03-10	Common Stock	F	32059.0000	$179.8600	Disposed	255251.0000	Direct
2020-12-01	Common Stock	G	93364.0000	$0.0000	Disposed	89091.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	425.9337	Indirect

Footnotes

F1: 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.

F2: 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.

F3: Award of performance-based restricted stock units pursuant to the Target Corporation 2020 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.

F4: Acquired pursuant to the settlement of performance-based restricted stock unit award granted under the Amended and Restated Target Corporation 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 March 16, 2018.

F5: Withholding of stock to satisfy tax withholding obligation on vesting of performance-based restricted stock unit award referenced in footnote (4).

F6: Reflects the transfer of shares to the reporting person on December 1, 2020, 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.

F7: Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2020.