SEC Form 4 · accession 0001225208-15-008463

TARGET CORP · TGT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

L. Carl Casey

Officer — Executive Officer

Period of report

Mar 20, 2015

Accepted (ET)

Mar 24, 2015 · 7:07 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000027419

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Mar 20, 2015	M	9,944	$48.88	A	26,992	D
Common Stock	Mar 20, 2015	M	4,488	$62.44	A	31,480	D
Common Stock	Mar 20, 2015	M	2,569	$55.46	A	34,049	D
Common Stock	Mar 20, 2015	M	1,952	$49.41	A	36,001	D
Common Stock	Mar 20, 2015	M	1,514	$48.31	A	37,515	D
Common Stock	Mar 20, 2015	M	1,303	$54.66	A	38,818	D
Common Stock	Mar 20, 2015	M	1,184	$53.36	A	40,002	D
Common Stock	Mar 20, 2015	M	595	$42.05	A	40,597	D
Common Stock^F1	Mar 20, 2015	S	21,349	$81.6562	D	19,248	D
Common Stock	Mar 20, 2015	S	345	$81.645	D	0	I	By Spouse
Common Stock^F2	holding	—	—		—	2,530	I	By 401(k) Plan

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option^F3,F4	$48.88	Mar 20, 2015	M	9,944	D	—	Jan 11, 2022	Common Stock	9,944	4,973	D
Stock Option^F5,F6	$55.46	Mar 20, 2015	M	2,569	D	—	Jan 12, 2021	Common Stock	2,569	0	D
Stock Option^F5,F7	$49.41	Mar 20, 2015	M	1,952	D	—	Jan 13, 2020	Common Stock	1,952	0	D
Stock Option^F5,F8	$54.66	Mar 20, 2015	M	1,303	D	—	Jan 31, 2021	Common Stock	1,303	0	D
Stock Option^F5,F9	$53.36	Mar 20, 2015	M	1,184	D	—	Aug 9, 2020	Common Stock	1,184	0	D
Stock Option^F5,F10	$42.05	Mar 20, 2015	M	595	D	—	Aug 10, 2019	Common Stock	595	0	D
Stock Option^F3,F11	$62.44	Mar 20, 2015	M	4,488	D	—	Aug 13, 2022	Common Stock	4,488	4,489	D
Stock Option^F3,F12	$48.31	Mar 20, 2015	M	1,514	D	—	Aug 15, 2021	Common Stock	1,514	758	D

Explanation of responses

F1Price 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 $81.5450 to $81.6940. 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.
F10Option granted on August 10, 2009. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
F11Option granted on August 13, 2012. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
F12Option granted on August 15, 2011. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
F2Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2014.
F3Option granted under the Target Corporation 2011 Long-Term Incentive Plan.
F4Option granted on January 11, 2012. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
F5Option granted under the Target Corporation Long-Term Incentive Plan.
F6Option granted on January 12, 2011. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
F7Option granted on January 13, 2010. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
F8Option granted on January 31, 2011. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
F9Option granted on August 9, 2010. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.