SEC Form 4 · accession 0001225208-15-015665
TARGET CORP · TGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy R Baer
Officer — Executive Officer
Period of report
Jul 17, 2015
Accepted (ET)
Jul 20, 2015 · 4:25 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 StockF1 | Jul 17, 2015 | M | 49,889 | $58.13 | A | 80,571 | D | |
| Common StockF2 | Jul 17, 2015 | S | 49,889 | $84.8601 | D | 30,682 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3,F4 | $58.13 | Jul 17, 2015 | M | 49,889 | D | — | Jan 10, 2017 | Common Stock | 49,889 | 0 | D |
Explanation of responses
- F1Includes dividend equivalents paid on restricted stock units, performance-based restricted stock units, and deferred 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 restricted stock units, performance-based restricted stock units, and deferred restricted stock units.
- 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 $84.7450 to $85.00. 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.
- F3Option granted under the Target Corporation Long-Term Incentive Plan.
- F4Option granted on January 10, 2007. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.