SEC Form 4 · accession 0001225208-15-008690
TARGET CORP · TGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathryn A Tesija
Officer — Executive Officer
Period of report
Mar 26, 2015
Accepted (ET)
Mar 30, 2015 · 1:43 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 26, 2015 | M | 57,406 | $52.26 | A | 261,845 | D | |
| Common Stock | Mar 26, 2015 | M | 24,714 | $49.41 | A | 286,559 | D | |
| Common Stock | Mar 26, 2015 | M | 17,203 | $58.13 | A | 303,762 | D | |
| Common Stock | Mar 26, 2015 | M | 14,821 | $53.98 | A | 318,583 | D | |
| Common StockF1 | Mar 26, 2015 | S | 209,377 | $80.6161 | D | 109,206 | D | |
| Common StockF2 | Mar 27, 2015 | S | 29,808 | $81.427 | D | 79,398 | D | |
| Common StockF3 | Mar 27, 2015 | S | 29,906 | $81.6171 | D | 49,492 | D | |
| Common StockF4 | holding | — | — | — | 5,138 | 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 OptionF5,F6 | $58.13 | Mar 26, 2015 | M | 17,203 | D | — | Jan 10, 2017 | Common Stock | 17,203 | 0 | D |
| Stock OptionF5,F7 | $53.98 | Mar 26, 2015 | M | 14,821 | D | — | Jan 11, 2016 | Common Stock | 14,821 | 0 | D |
| Stock OptionF5,F8 | $49.41 | Mar 26, 2015 | M | 24,714 | D | — | Jan 13, 2020 | Common Stock | 24,714 | 0 | D |
| Stock OptionF5,F9 | $52.26 | Mar 26, 2015 | M | 57,406 | D | — | Apr 11, 2018 | Common Stock | 57,406 | 0 | 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 $80.50 to $80.8250. 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.
- F2Price 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 $81.42 to $81.46. 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.
- F3Price 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 $81.49 to $81.85. 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.
- F4Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2014.
- F5Option granted under the Target Corporation Long-Term Incentive Plan.
- F6Option granted on January 10, 2007. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F7Option granted on January 11, 2006. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F8Option granted on January 13, 2010. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F9Option granted on April 11, 2008. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.