Richard H. Gomez - Nov 19, 2021 Form 4 Insider Report for TARGET CORP (TGT)

Role
Executive Officer
Signature
Andrew J. Neuharth, Attorney-In-Fact
Stock symbol
TGT
Transactions as of
Nov 19, 2021
Transactions value $
-$9,520,572
Form type
4
Date filed
11/22/2021, 06:50 PM
Previous filing
Nov 12, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGT Common Stock Options Exercise $2.46M +44.2K +58.29% $55.60 120K Nov 19, 2021 Direct F1, F2
transaction TGT Common Stock Sale -$5.58M -22.2K -18.54% $250.95 97.7K Nov 19, 2021 Direct F3
transaction TGT Common Stock Tax liability -$6.4M -25.5K -26.06% $251.10 72.3K Nov 19, 2021 Direct F1
holding TGT Common Stock 340 Nov 19, 2021 By 401(k) Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TGT Stock Option Options Exercise $0 -44.2K -50% $0.00 44.2K Nov 19, 2021 Common Stock 44.2K $55.60 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares received upon exercise of the price-vested stock options, net of exercise costs and taxes, are subject to a one-year post-exercise holding period. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously entered into by the reporting person on October 7, 2021.
F2 Includes 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.
F3 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously entered into by the reporting person on October 7, 2021.
F4 Shares held in the Target Corporation 401(k) Plan based on the plan statement as of September 30, 2021.
F5 An award of price-vested stock options under the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan, previously reported by the reporting person on May 24, 2017.