SEC Form 4 · accession 0001225208-18-013760
TARGET CORP · TGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janna A. Potts
Officer — Executive Officer
Period of report
Sep 24, 2018
Accepted (ET)
Sep 26, 2018 · 4:28 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 StockF2 | Sep 24, 2018 | M | 10,427 | $60.48 | A | 32,334 | D | |
| Common Stock | Sep 24, 2018 | M | 3,978 | $48.88 | A | 36,312 | D | |
| Common Stock | Sep 24, 2018 | S | 15,172 | $88.00 | D | 21,140 | D | |
| Common StockF3 | holding | — | — | — | 320 | 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 | $60.48 | Sep 24, 2018 | M | 10,427 | D | — | Jan 9, 2023 | Common Stock | 10,427 | 0 | D |
| Stock OptionF4,F6 | $48.88 | Sep 24, 2018 | M | 3,978 | D | — | Jan 11, 2022 | Common Stock | 3,978 | 0 | D |
Explanation of responses
- F1The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously entered into by the reporting person on August 24, 2018.
- F2Includes dividend equivalents paid on 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 performance-based restricted stock units.
- F3Shares held in the Target Corporation 401(k) Plan based on the plan statement as of June 30, 2018.
- F4Option granted under the Target Corporation 2011 Long-Term Incentive Plan.
- F5Option granted on January 9, 2013. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
- F6Option granted on January 11, 2012. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.