Christina Hennington - Nov 22, 2023 Form 4 Insider Report for TARGET CORP (TGT)

Signature
Benjamin S. Borden, Attorney-In-Fact
Stock symbol
TGT
Transactions as of
Nov 22, 2023
Transactions value $
-$2,195
Form type
4
Date filed
11/27/2023, 04:36 PM
Previous filing
Oct 12, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGT Common Stock Sale -$522K -4K -9.42% $130.55 38.5K Nov 22, 2023 Direct F1, F2
holding TGT Common Stock 438 Nov 22, 2023 By 401(k) Plan F3

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 $520K +3.98K +109.07% $130.50 7.64K Nov 22, 2023 Common Stock 3.98K Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 $130.53 to $130.55. 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.
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 Shares held in the Target Corporation 401(k) Plan based on the plan statement as of September 30, 2023.
F4 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.
F5 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 4, and is the economic equivalent of the purchase of the same number of shares of Target common stock.
F6 Includes units acquired as a result of reinvested dividends since the reporting person's Form 4 filing on 6/27/2022, that previously reported these deferred compensation units.