Christina Hennington - Jun 23, 2022 Form 4 Insider Report for TARGET CORP (TGT)

Role: Executive Officer
Signature: David L. Donlin, Attorney-In-Fact
Stock symbol: TGT
Transactions as of: Jun 23, 2022
Transactions value $: $500,000
Form type: 4
Date filed: 6/27/2022, 05:25 PM
Previous filing: Apr 7, 2022
Next filing: Oct 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TGT	Common Stock						26.2K	Jun 23, 2022	Direct	F1
holding	TGT	Common Stock						420	Jun 23, 2022	By 401(k) Plan	F2

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	Deferred Compensation Units	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$500K	+3.41K	+3881.21%	$146.81	3.49K	Jun 23, 2022	Common Stock	3.41K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Shares held in the Target Corporation 401(k) Plan based on the plan statement as of March 31, 2022.
F3	Deferred compensation units are held under the Target Corporation Executive Deferred Compensation Plan (the "Plan"). Under the terms of the Plan, participants' deferred compensation balances are indexed to various crediting rate alternatives, as chosen by them. The units reported relate to the Target common stock crediting rate alternative, and each unit is the economic equivalent of one share of Target common stock. The value of such units increases or decreases daily in accordance with an equivalent investment in the Target Stock Fund in the corporation's 401(k) plan. Participants are generally free to transfer plan balances into other crediting rate alternatives at any time. The Plan balances represent unsecured general obligations of Target Corporation, and are payable solely in cash.
F4	The transaction represents the reporting person's discretionary acquisition of units of the Target common stock crediting rate alternative under the Plan referenced in footnote 1, and is the economic equivalent of the purchase of the same number of shares of Target common stock.