SEC Form 4 · accession 0001225208-17-010392
TARGET CORP · TGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hourigan Rice Jacqueline
Officer — Executive Officer
Period of report
May 22, 2017
Accepted (ET)
May 24, 2017 · 7:44 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 | — | — | — | 16,867 | D | ||
| Common StockF2 | holding | — | — | — | 67 | 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 OptionF3,F4 | $55.60 | May 22, 2017 | A | 36,819 | A | May 22, 2020 | May 22, 2024 | Common Stock | 36,819 | 36,819 | 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.
- F2Shares held in the Target Corporation 401(k) Plan based on the plan statement as of March 31, 2017.
- F3An award of price-vested stock options under the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan.
- F4In 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.