SEC Form 4 · accession 0001225208-17-010388
TARGET CORP · TGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don H Liu
Officer — Executive Officer
Period of report
May 22, 2017
Accepted (ET)
May 24, 2017 · 7:43 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 StockF1 | holding | — | — | — | 57,557 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F3 | $55.60 | May 22, 2017 | A | 147,276 | A | May 22, 2020 | May 22, 2024 | Common Stock | 147,276 | 147,276 | 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.
- F2An award of price-vested stock options under the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan.
- F3In addition, the price-vested stock options will become exercisable only if the closing price of Target's stock exceeds a hurdle of $75 for 20 consecutive trading days within the seven-year term.