SEC Form 4 · accession 0001225208-16-029665
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
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 1:57 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 | Mar 9, 2016 | A | 13,926 | $0.00 | A | 187,282 | D | |
| Common Stock | Mar 9, 2016 | F | 25,427 | $81.05 | D | 161,855 | D | |
| Common Stock | holding | — | — | — | 37,804 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Acquired pursuant to the settlement of the first tranche of the performance-based restricted stock unit award granted under Target's 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 August 22, 2014 and was granted in connection with reporting person's hiring to compensate the reporting person for incentive awards he forfeited from his former employer.
- F2Withholding of stock to satisfy tax withholding obligation on settlement of performance-based restricted stock unit award referenced in footnote (1).