SEC Form 4 · accession 0001225208-16-024254
TARGET CORP · TGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian C Cornell
Officer — Executive Officer · Director
Period of report
Jan 13, 2016
Accepted (ET)
Jan 15, 2016 · 5:06 pm EST
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 | Apr 14, 2015 | G | 37,804 | $0.00 | D | 145,587 | D | |
| Common StockF3 | Jan 13, 2016 | A | 24,610 | $0.00 | A | 173,356 | D | |
| Common Stock | Apr 14, 2015 | G | 37,804 | $0.00 | A | 37,804 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares gifted by the reporting person on April 14, 2015, were gifted to a joint revocable living trust, of which the reporting person and his spouse are settlors and trustees, for the benefit of the reporting person, his spouse and their children.
- F2Award 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.
- F3Includes 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.