Brian C. Cornell - Mar 10, 2023 Form 4 Insider Report for TARGET CORP (TGT)

Signature
Benjamin S. Borden, Attorney-In-Fact
Stock symbol
TGT
Transactions as of
Mar 10, 2023
Transactions value $
-$5,602,935
Form type
4
Date filed
3/14/2023, 09:30 PM
Previous filing
Mar 10, 2023
Next filing
Apr 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGT Common Stock Tax liability -$18.2K -114 -0.05% $159.69 226K Mar 10, 2023 Direct F1, F2
transaction TGT Common Stock Tax liability -$20.6K -129 -0.06% $159.69 226K Mar 10, 2023 Direct F2, F3
transaction TGT Common Stock Sale -$368K -2.3K -1.02% $160.12 224K Mar 14, 2023 Direct F4, F5
transaction TGT Common Stock Sale -$824K -5.2K -2.32% $158.38 219K Mar 14, 2023 Direct F4, F6
transaction TGT Common Stock Sale -$1.12M -7.1K -3.25% $157.48 212K Mar 14, 2023 Direct F4, F7
transaction TGT Common Stock Sale -$3.25M -20.4K -9.64% $159.52 191K Mar 14, 2023 Direct F4, F8
holding TGT Common Stock 442 Mar 10, 2023 By 401(k) Plan F9
holding TGT Common Stock 250K Mar 10, 2023 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withholding of stock to satisfy tax withholding obligation on receipt of dividends for a settled award of performance share units pursuant to the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan that was previously reported by the reporting person on March 10, 2023.
F2 Includes dividends referenced in footnotes (1) and (3) and 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 Withholding of stock to satisfy tax withholding obligation on receipt of dividends for a settled award of performance-based restricted stock units pursuant to the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan that was previously reported by the reporting person on March 10, 2023.
F4 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously entered into by the reporting person on December 2, 2022.
F5 Price 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 $159.93 to $160.31. 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.
F6 Price 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 $157.91 to $158.88. 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.
F7 Price 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 $156.91 to $157.895. 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.
F8 Price 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 $158.92 to $159.90. 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.
F9 Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2022.