SEC Form 4 · accession 0001225208-16-029991
TARGET CORP · TGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Mulligan
Officer — Executive Officer
Period of report
Mar 15, 2016
Accepted (ET)
Mar 16, 2016 · 6:31 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 | Mar 15, 2016 | M | 10,406 | $49.41 | A | 74,763 | D | |
| Common Stock | Mar 15, 2016 | M | 10,228 | $48.89 | A | 84,991 | D | |
| Common Stock | Mar 15, 2016 | M | 9,466 | $53.36 | A | 94,457 | D | |
| Common Stock | Mar 15, 2016 | M | 3,645 | $54.87 | A | 98,102 | D | |
| Common Stock | Mar 15, 2016 | M | 1,784 | $42.05 | A | 99,886 | D | |
| Common StockF2 | Mar 15, 2016 | S | 35,529 | $81.5685 | D | 64,357 | D | |
| Common StockF3 | holding | — | — | — | 7,719 | 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 OptionF4,F5 | $48.89 | Mar 15, 2016 | M | 10,228 | D | — | Jan 9, 2018 | Common Stock | 10,228 | 0 | D |
| Stock OptionF4,F6 | $49.41 | Mar 15, 2016 | M | 10,406 | D | — | Jan 13, 2020 | Common Stock | 10,406 | 0 | D |
| Stock OptionF4,F7 | $53.36 | Mar 15, 2016 | M | 9,466 | D | — | Aug 9, 2020 | Common Stock | 9,466 | 0 | D |
| Stock OptionF4,F8 | $42.05 | Mar 15, 2016 | M | 1,784 | D | — | Aug 10, 2019 | Common Stock | 1,784 | 0 | D |
| Stock OptionF4,F9 | $54.87 | Mar 15, 2016 | M | 3,645 | D | — | Sep 2, 2018 | Common Stock | 3,645 | 0 | D |
Explanation of responses
- F1Includes dividend equivalents paid on restricted stock units and 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 restricted stock units and performance-based 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 $81.54 to $81.64. 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.
- F3Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2015.
- F4Option granted under the Target Corporation Long-Term Incentive Plan.
- F5Option granted on January 9, 2008. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F6Option granted on January 13, 2010. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F7Option granted on August 9, 2010. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F8Option granted on August 10, 2009. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F9Option granted on September 2, 2008. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
Remarks
mulliganpoa.txt