SEC Form 4 · accession 0001225208-18-010612
TARGET CORP · TGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laysha Ward
Officer — Executive Officer
Period of report
Jun 11, 2018
Accepted (ET)
Jun 13, 2018 · 4:05 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 Stock | Jun 11, 2018 | M | 39,666 | $48.88 | A | 90,460 | D | |
| Common Stock | Jun 11, 2018 | M | 4,260 | $53.36 | A | 94,720 | D | |
| Common StockF1 | Jun 11, 2018 | S | 43,926 | $79.334 | D | 50,794 | D | |
| Common StockF2 | holding | — | — | — | 4,202 | 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 | $48.88 | Jun 11, 2018 | M | 39,666 | D | — | Jan 11, 2022 | Common Stock | 39,666 | 0 | D |
| Stock OptionF5,F6 | $53.36 | Jun 11, 2018 | M | 4,260 | D | — | Aug 9, 2020 | Common Stock | 4,260 | 0 | D |
Explanation of responses
- F1Price 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 $79.32 to $79.341. 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.
- F2Shares held in the Target Corporation 401(k) Plan based on the plan statement as of March 31, 2018.
- F3Option granted under the Target Corporation 2011 Long-Term Incentive Plan.
- F4Option granted on January 11, 2012. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F5Option granted under the Target Corporation Long-Term Incentive Plan.
- F6Option granted on August 9, 2010. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.