UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No.     )

 

Filed by the Registrant  x

 

Filed by a Party other than the Registrant  o

 

Check the appropriate box:

o

Preliminary Proxy Statement

o

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

o

Definitive Proxy Statement

x

Definitive Additional Materials

o

Soliciting Material Pursuant to §240.14a-12

 

Target Corporation

(Name of Registrant as Specified In Its Charter)

 

 

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

x

No fee required.

o

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

(1)

Title of each class of securities to which transaction applies:

 

 

 

 

(2)

Aggregate number of securities to which transaction applies:

 

 

 

 

(3)

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

 

 

(4)

Proposed maximum aggregate value of transaction:

 

 

 

 

(5)

Total fee paid:

 

 

 

o

Fee paid previously with preliminary materials.

o

Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

(1)

Amount Previously Paid:

 

 

 

 

(2)

Form, Schedule or Registration Statement No.:

 

 

 

 

(3)

Filing Party:

 

 

 

 

(4)

Date Filed:

 

 

 

 



 

The schedules below set forth revised participant information for Target Corporation.

 

INFORMATION CONCERNING PARTICIPANTS
IN THE COMPANY’S SOLICITATION OF PROXIES

 

The following tables (“Directors and Nominees” and “Officers and Employees”) set forth the name and business address of our directors and nominees, and the name, present principal occupation and business address of our officers and employees who, under the rules of the Securities and Exchange Commission, are considered to be “participants” in our solicitation of proxies from our shareholders in connection with our 2009 annual meeting of shareholders.

 

Directors and Nominees

 

The principal occupations of our directors and nominees who are considered “participants” in our solicitation are set forth under the section above titled “Item One - Election of Directors” of the definitive proxy statement filed by Target on April 21, 2009. The name and business addresses, and address of the organization of employment, of our directors and nominees are as follows:

 

Name

 

Business Address

Roxanne S. Austin

 

c/o Target Corporation, 1000 Nicollet Mall, TPS-3255, Minneapolis, MN 55403

Calvin Darden

 

c/o Target Corporation, 1000 Nicollet Mall, TPS-3255, Minneapolis, MN 55403

Mary N. Dillon

 

McDonald’s Corporation, 2915 Jorie Boulevard, Oak Brook, IL 60523

James A. Johnson

 

Perseus, LLC, 2099 Pennsylvania Avenue NW, Suite 900, Washington, D.C. 20006

Richard M. Kovacevich

 

Wells Fargo & Company, 420 Montgomery Street, A0101-121, San Francisco, CA 94104

Mary E. Minnick

 

Lion Capital LLP, 21 Grosvenor Place, London SWIX 7HF United Kingdom

Anne M. Mulcahy

 

Xerox Corporation, 45 Glover Avenue, 6th Floor, P.O. Box 4505, Norwalk, CT 06856-4505

Derica W. Rice

 

Eli Lilly and Company, 307 East McCarty, DC 1201, Indianapolis, IN 46285

Stephen W. Sanger

 

Optimus Holdings, Ltd., 294 Grove Lane East, Suite 280, Wayzata, MN 55391

Gregg W. Steinhafel

 

Target Corporation, 1000 Nicollet Mall, TPS-2655, Minneapolis, MN 55403

George W. Tamke

 

Clayton, Dubilier & Rice, Inc., 375 Park Avenue, 18th Floor, New York, NY 10152

Solomon D. Trujillo

 

Telstra Corporation Ltd., Level 40, 242 Exhibition Street, Melbourne VIC 3000 Australia

 

Officers and Employees

 

The principal occupations of our executive officers and employees who are considered “participants” in our solicitation of proxies are set forth below. The principal occupation refers to such person’s position with Target, and the business address for each person is Target Corporation, 1000 Nicollet Mall, Minneapolis, MN 55403.

 

Name

 

Principal Occupation

Patricia Adams

 

Senior Vice President Merchandising, Apparel and Accessories

Stephanie S. Anderson

 

Director, Accounting and Analysis

Timothy R. Baer

 

Executive Vice President, General Counsel and Corporate Secretary

Robert Barnhart

 

Vice President Risk—Target Financial Services

Lori A. Bonin

 

Vice President Stores Facilities Management

Meghan Brown

 

Director, Human Resources

John J. Butcher

 

Vice President Merchandising

Tom Butterfield

 

Vice President Target Technology Services

Timothy W. Curoe

 

Vice President Talent Acquisition

Shawn R. Gensch

 

Vice President Marketing

John Griffith

 

Executive Vice President Property Development

Corey L. Haaland

 

Vice President and Treasurer

Robert M. Harrison

 

Vice President Controller

Michael R. Hockenberry

 

Director, Merchandise Planning

 



 

Name

 

Principal Occupation

John R. Hulbert

 

Director, Investor Communications

Shelley Hyytinen

 

Vice President-MPSD

Beth M. Jacob

 

Senior Vice President-Target Technology Services and Chief Information Officer

Spencer W. Johnson

 

Vice President Guest Operations

Susan D. Kahn

 

Senior Vice President, Communications

Sean D. Kelly

 

Senior Group Counsel

David S. Lima

 

Senior Group Counsel

Michael J. Logan

 

Director, Civic Affairs

Stephanie Alice Jean
Lundquist

 

Director, Talent Acquisition

Jeffrey S. Mader

 

Vice President IT Engineering

David Marquis

 

Director, Real Estate

Todd Marshall

 

Vice President Merchandise Marketing

Tracy A. Murphy

 

Director, Target Financial Services Business Systems

Joseph L. Nunez

 

Senior Group Counsel

Lissa E. Reitz

 

Director Communications

Lori A. Riley

 

Vice President Headquarters Operations and Team Member Services

Sara Justice Ross

 

Assistant Treasurer

Mark Schindele

 

Senior Vice President Merchandising Hardlines

Joseph H. Schultz

 

Director, In Store Marketing

Douglas A. Scovanner

 

Executive Vice President and Chief Financial Officer

Ann Scovil

 

Vice President Assurance

Robert A. Seng

 

Assistant General Counsel

Terri K. Simard

 

Vice President Law

Susan K. Smith

 

General Counsel Target Financial Services

Marcus J. Steadman

 

Vice President Construction

Gregg W. Steinhafel

 

Chairman of the Board, President and Chief Executive Officer

Mitchell L. Stover

 

Senior Vice President Distribution

Kathryn A. Tesija

 

Executive Vice President Merchandising

Kari L. Thompson

 

Director Communications

Michael J. Wahlig

 

Vice President Law

Laysha Ward

 

President, Community Relations and Foundation

Judith L. Werthauser

 

Vice President Headquarters Human Resources

Catharine R. Wright

 

Director Finance Goals and Forecasts

 

Information Regarding Ownership of Target Securities by Participants

 

The number of shares of our common stock held by our directors and named executive officers as of March 20, 2009 is set forth under the “Beneficial Ownership of Certain Shareholders” section of the definitive proxy statement filed by Target on April 21, 2009. The following table sets forth the number of shares held as of March 20, 2009 by our other employees who are “participants.”

 

Name

 

Shares of Common Stock Beneficially Owned

Patricia Adams

 

123,582 shares, including 106,410 shares potentially issuable within 60 days

Stephanie S. Anderson

 

2,938 shares, including 1,504 shares potentially issuable within 60 days

Robert Barnhart

 

34,372 shares, including 34,265 shares potentially issuable within 60 days

Lori A. Bonin

 

20,941 shares, including 19,781 shares potentially issuable within 60 days

Meghan Brown

 

944 shares, including 694 shares potentially issuable within 60 days

John J. Butcher

 

12,477 shares, including 11,794 shares potentially issuable within 60 days

Tom Butterfield

 

5,915 shares, including 5,315 shares potentially issuable within 60 days

Timothy W. Curoe

 

31,999 shares, including 31,302 shares potentially issuable within 60 days

Shawn R. Gensch

 

28,808 shares, including 27,658 shares potentially issuable within 60 days

John Griffith

 

357,448 shares, including 342,343 shares potentially issuable within 60 days

Corey L. Haaland

 

60,785 shares, including 58,824 shares potentially issuable within 60 days

Robert M. Harrison

 

5,095 shares, including 5,012 shares potentially issuable within 60 days

 

A-2



 

Name

 

Shares of Common Stock Beneficially Owned

Michael R. Hockenberry

 

8,516 shares, including 7,066 shares potentially issuable within 60 days

John R. Hulbert

 

1,914 shares, including 1,161 shares potentially issuable within 60 days

Shelley Hyytinen

 

29,412 shares, including 24,482 shares potentially issuable within 60 days

Beth M. Jacob

 

50,000 shares, including 48,156 shares potentially issuable within 60 days

Spencer W. Johnson

 

47,286 shares, including 47,248 shares potentially issuable within 60 days

Sean D. Kelly

 

2,112 shares, including 1,882 shares potentially issuable within 60 days

David S. Lima

 

3,877 shares, including 3,204 shares potentially issuable within 60 days

Michael J. Logan

 

2,917 shares, including 1,508 shares potentially issuable within 60 days

Stephanie Alice Jean
Lundquist

 

1,228 shares, including 470 shares potentially issuable within 60 days

Susan D. Kahn

 

44,680 shares, including 32,212 shares potentially issuable within 60 days

Jeffrey S. Mader

 

23,409 shares, including 20,280 shares potentially issuable within 60 days (1)

David Marquis

 

39,528 shares, including 30,723 shares potentially issuable within 60 days

Todd Marshall

 

13,079 shares, including 12,524 shares potentially issuable within 60 days

Tracy A. Murphy

 

12,284 shares, including 8,805 shares potentially issuable within 60 days

Joseph L. Nunez

 

2,816 shares, including 2,809 shares potentially issuable within 60 days

Lissa E. Reitz

 

17,909 shares, including 16,412 shares potentially issuable within 60 days

Lori A. Riley

 

19,939 shares, including 17,434 shares potentially issuable within 60 days

Sara Justice Ross

 

37,363 shares, including 34,246 shares potentially issuable within 60 days

Mark Schindele

 

20,667 shares, including 18,485 shares potentially issuable within 60 days

Joseph H. Schultz

 

12,245 shares, including 9,424 shares potentially issuable within 60 days

Ann Scovil

 

33,934 shares, including 30,713 shares potentially issuable within 60 days

Robert A. Seng

 

734 shares, including 639 shares potentially issuable within 60 days

Terri K. Simard

 

39,969 shares, including 37,010 shares potentially issuable within 60 days

Susan K. Smith

 

27,868 shares, including 24,004 shares potentially issuable within 60 days

Marcus J. Steadman

 

69,673 shares, including 63,923 shares potentially issuable within 60 days

Mitchell L. Stover

 

122,515 shares, including 110,441 shares potentially issuable within 60 days

Kathryn A. Tesija

 

97,006 shares, including 63,778 shares potentially issuable within 60 days

Kari L. Thompson

 

4,921 shares, including 4,159 shares potentially issuable within 60 days

Michael J. Wahlig

 

49,115 shares, including 38,363 shares potentially issuable within 60 days

Laysha Ward

 

42,963 shares, including 40,827 shares potentially issuable within 60 days

Judith L. Werthauser

 

1,391 shares, including 0 shares potentially issuable within 60 days

Catharine R. Wright

 

16,344 shares, including 13,217 shares potentially issuable within 60 days

 


(1)  Includes 10,394 shares owned by his spouse, Judy Mader, which includes 8,178 shares potentially issuable within 60 days.  Ms. Mader is an employee of Target and her business address is Target Corporation, 1000 Nicollet Mall, Minneapolis, MN 55403.

 

Shares of our common stock owned of record by each of our directors, named executive officers and other participants are beneficially owned by such person.

 

Information Regarding Transactions in Target Securities by Participants

 

The following table sets forth information regarding purchases and sales of our securities by each of the participants listed above under “Directors and Nominees” and “Officers and Employees” during the past two years. Unless otherwise indicated, all transactions were in the public market or pursuant to our equity compensation plans and none of the purchase price or market value of those shares is represented by funds borrowed or otherwise obtained for the purpose of acquiring or holding such securities.

 

Shares of Common Stock Purchased or Sold (3/20/07 — 3/20/09)

 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

Patricia Adams

 

7/3/2007

 

17,924

 

Acquisition — Stock option exercise

 

 

7/3/2007

 

(17,924

)

Disposition — Open market sale

 

A-3



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

 

 

1/9/2008

 

(199

)

Disposition — Transfer from Target stock fund in deferred compensation plan

 

 

9/3/2008

 

11,388

 

Acquisition — Stock option exercise

 

 

9/3/2008

 

(11,388

)

Disposition — Open market sale

 

 

3/3/2009

 

1,946

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

3/12/2008

 

4,616

 

Acquisition — Settlement of performance share unit award

 

 

3/12/2008

 

(1,510

)

Disposition — Surrender of shares for tax withholding

 

 

3/11/2009

 

142

 

Acquisition — Settlement of performance share unit award

 

 

3/11/2009

 

(47

)

Disposition — Surrender of shares for tax withholding

 

 

Various

 

275

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

1,235

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Stephanie S. Anderson

 

11/14/2008

 

17

 

Acquisition — Transfer into Target stock fund under Target 401(k)

 

 

Various

 

421

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Roxanne S. Austin

 

6/13/2007

 

1,189

 

Acquisition — Award of restricted stock units

 

 

6/11/2008

 

1,440

 

Acquisition — Award of restricted stock units

 

 

1/14/2009

 

2,219

 

Acquisition — Award of restricted stock units

 

 

Various

 

100

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Timothy R. Baer

 

3/12/2008

 

17,044

 

Acquisition — Settlement of 2005 performance share unit awards

 

 

3/12/2008

 

(7,278

)

Disposition — Surrender of shares for tax withholding

 

 

1/14/2009

 

17,752

 

Acquisition — Award of restricted stock units

 

 

3/11/2009

 

567

 

Acquisition — Settlement of 2006 performance share unit awards

 

 

3/11/2009

 

(97

)

Disposition — Surrender of shares for tax withholding

 

 

3/19/2009

 

24,050

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

Various

 

357

 

Acquisition — Dividend equivalents for restricted stock units

 

 

Various

 

583

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Robert Barnhart

 

7/13/2007

 

(850

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

10/10/2008

 

(222

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

480

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Lori A. Bonin

 

3/17/2008

 

3

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

3/17/2008

 

(8

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

1

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

508

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Meghan Brown

 

6/26/2008

 

(209

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

394

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

John J. Butcher

 

Various

 

(1,451

)

Disposition — Net effect of managed account transactions in Target stock fund under Target 401(k)

 

A-4



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

 

 

Various

 

642

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Tom Butterfield

 

Various

 

483

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Timothy W. Curoe

 

6/22/2007

 

5,541

 

Acquisition — Stock option exercise

 

 

6/22/2007

 

(5,541

)

Disposition — Open market sale

 

 

6/27/2007

 

(1,343

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

530

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Calvin Darden

 

6/13/2007

 

1,189

 

Acquisition — Award of restricted stock units

 

 

6/11/2008

 

1,440

 

Acquisition — Award of restricted stock units

 

 

1/14/2009

 

2,219

 

Acquisition — Award of restricted stock units

 

 

Various

 

100

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Mary N. Dillon

 

9/12/2007

 

799

 

Acquisition — Award of restricted stock units

 

 

1/9/2008

 

2,506

 

Acquisition — Award of restricted stock units

 

 

6/11/2008

 

2,352

 

Acquisition — Award of restricted stock units

 

 

1/14/2009

 

7,249

 

Acquisition — Award of restricted stock units

 

 

Various

 

143

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Shawn R. Gensch

 

Various

 

529

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

83

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

 

 

 

 

 

John Griffith

 

7/6/2007

 

29,542

 

Acquisition — Stock option exercise

 

 

7/6/2007

 

(29,542

)

Disposition — Open market sale

 

 

1/9/2008

 

(6,864

)

Disposition — Scheduled distribution from Target stock fund under deferred compensation plan account

 

 

3/12/2008

 

19,176

 

Acquisition — Settlement of performance share unit award

 

 

3/12/2008

 

17,044

 

Acquisition — Settlement of performance share unit award

 

 

3/12/2008

 

(7,278

)

Disposition — Surrender of shares for tax withholding

 

 

3/25/2008

 

(19,176

)

Disposition — Scheduled distribution from Target stock fund under deferred compensation plan account

 

 

1/14/2009

 

20,711

 

Acquisition — Award of restricted stock units

 

 

3/11/2009

 

693

 

Acquisition — Settlement of performance share unit award

 

 

3/11/2009

 

(227

)

Disposition — Surrender of shares for tax withholding

 

 

Various

 

656

 

Acquisition — Dividend equivalents for restricted stock units

 

 

Various

 

1,374

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Corey L. Haaland

 

6/20/2007

 

4,432

 

Acquisition — Stock option exercise

 

 

6/20/2007

 

(4,432

)

Disposition — Open market sale

 

 

Various

 

552

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Robert M. Harrison

 

3/20/2007

 

(85

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

6/4/2007

 

(90

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

10/19/2007

 

(60

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

5/5/2008

 

(7

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

9/9/2008

 

(23

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

505

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

(243

)

Disposition — Automatic rebalance of shares allocated to an individual account under the Target 401(k)

 

A-5



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

Michael R. Hockenberry

 

3/13/2009

 

963

 

Acquisition — Acquisition of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

478

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

John R. Hulbert

 

6/4/2007

 

(454

)

Disposition — Open market sale

 

 

Various

 

480

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Shelley Hyytinen

 

1/8/2009

 

(747

)

Disposition — Scheduled distribution from Target stock fund under deferred compensation plan account

 

 

Various

 

592

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

27

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

 

 

 

 

 

Beth M. Jacob

 

6/20/2007

 

2,610

 

Acquisition — Stock option exercise

 

 

6/20/2007

 

(2,610

)

Disposition — Open market sale

 

 

1/14/2009

 

13,314

 

Acquisition — Award of restricted stock units

 

 

3/10/2009

 

81

 

Acquisition — Dividend equivalents for restricted stock units

 

 

Various

 

308

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

801

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

James A. Johnson

 

6/13/2007

 

2,141

 

Acquisition — Award of restricted stock units

 

 

6/15/2007

 

(6,000

)

Disposition — Open market sale

 

 

2/27/2008

 

4,692

 

Acquisition — Stock option exercise

 

 

2/27/2008

 

(4,692

)

Disposition — Open market sale

 

 

9/2/2008

 

5,694

 

Acquisition — Stock option exercise

 

 

9/2/2008

 

(5,694

)

Disposition — Open market sale

 

 

Various

 

115

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Spencer W. Johnson

 

5/30/2007

 

(181

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

7/13/2007

 

4,413

 

Acquisition — Stock option exercise

 

 

7/13/2007

 

(4,413

)

Disposition — Open market sale

 

 

12/17/2008

 

(218

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

2/25/2009

 

5,851

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

2/25/2009

 

(77

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

487

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Susan D. Kahn

 

7/13/2007

 

5,883

 

Acquisition — Stock option exercise

 

 

7/13/2007

 

(5,883

)

Disposition — Open market sale

 

 

1/9/2008

 

(586

)

Disposition — Open market sale

 

 

Various

 

694

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

1,098

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Sean D. Kelly

 

6/15/2007

 

(158

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

7/9/2007

 

(102

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

12/20/2007

 

(31

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

11/19/2008

 

5

 

Acquisition — Acquisition of shares allocated to an individual account under the Target 401(k)

 

A-6



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

 

 

Various

 

(139

)

Disposition — Automatic rebalance of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

402

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Richard M.

 

6/5/2007

 

(4,000

)

Disposition — Open market sale

Kovacevich

 

6/13/2007

 

1,189

 

Acquisition — Award of restricted stock units

 

 

6/15/2007

 

(1,900

)

Disposition — Open market sale

 

 

6/20/2007

 

(2,100

)

Disposition — Open market sale

 

 

7/12/2007

 

(16,000

)

Disposition — Open market sale

 

 

7/12/2007

 

8,864

 

Acquisition — Stock option exercise

 

 

7/12/2007

 

(4,295

)

Disposition — Stock swap

 

 

6/11/2008

 

1,440

 

Acquisition — Award of restricted stock units

 

 

Various

 

86

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

David S. Lima

 

7/12/2007

 

(348

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

433

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Michael J. Logan

 

Various

 

478

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Stephanie Alice Jean
Lundquist

 

Various

 

449

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Jeffrey S. Mader

 

Various

 

522

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

David Marquis

 

7/18/2007

 

4,432

 

Acquisition — Stock option exercise

 

 

7/18/2007

 

(4,432

)

Disposition — Open market sale

 

 

11/30/2007

 

(8,252

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

12/18/2008

 

8,580

 

Acquisition — Acquisition of shares allocated to an individual account under the Target 401(k)

 

 

1/8/2009

 

(292

)

Disposition — Scheduled distribution from Target stock fund under deferred compensation plan account

 

 

Various

 

64

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

(240

)

Disposition — Automatic rebalance of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

836

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Todd Marshall

 

6/26/2008

 

8

 

Acquisition — Acquisition of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

535

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Mary E. Minnick

 

6/13/2007

 

1,942

 

Acquisition — Award of restricted stock units

 

 

1/9/2008

 

2,506

 

Acquisition — Award of restricted stock units

 

 

6/11/2008

 

2,352

 

Acquisition — Award of restricted stock units

 

 

1/14/2009

 

7,249

 

Acquisition — Award of restricted stock units

 

 

Various

 

336

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Anne M. Mulcahy

 

6/13/2007

 

1,189

 

Acquisition — Award of restricted stock units

 

 

1/9/2008

 

(7,395

)

Disposition — Scheduled distribution of deferred compensation under Rule 10b5-1

 

 

6/11/2008

 

1,440

 

Acquisition — Award of restricted stock units

 

 

1/8/2009

 

(1,506

)

Disposition — Scheduled distribution of deferred compensation under Rule 10b5-1

 

 

1/14/2009

 

2,219

 

Acquisition — Award of restricted stock units

 

 

Various

 

2,147

 

Acquisition — Regular deferral into Target stock fund of director deferred compensation plan account

 

A-7



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

 

 

Various

 

100

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Tracy A. Murphy

 

Various

 

181

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

503

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Joseph L. Nunez

 

5/17/2007

 

759

 

Acquisition — Stock option exercise

 

 

5/17/2007

 

(759

)

Disposition — Open market sale

 

 

7/9/2007

 

(49

)

Disposition — Transfer from Target stock fund under deferred compensation plan account

 

 

7/9/2007

 

(371

)

Disposition — Transfer from Target stock fund under the Target 401(k)

 

 

7/25/2007

 

49

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

7/25/2007

 

432

 

Acquisition — Acquisition of shares allocated to an individual account under the Target 401(k)

 

 

10/15/2007

 

(49

)

Disposition — Transfer from Target stock fund under deferred compensation plan account

 

 

10/15/2007

 

(476

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

4/14/2008

 

(92

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

10/15/2008

 

46

 

Acquisition — Acquisition of shares allocated to an individual account under the Target 401(k)

 

 

12/29/2008

 

(116

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

2/13/2009

 

(18

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

2

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

(82

)

Disposition — Automatic rebalance of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

368

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Lissa E. Reitz

 

Various

 

459

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Derica W. Rice

 

9/12/2007

 

799

 

Acquisition — Award of restricted stock units

 

 

1/9/2008

 

2,506

 

Acquisition — Award of restricted stock units

 

 

6/11/2008

 

2,352

 

Acquisition — Award of restricted stock units

 

 

1/14/2009

 

7,249

 

Acquisition — Award of restricted stock units

 

 

Various

 

143

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Lori A. Riley

 

6/20/2007

 

5,392

 

Acquisition — Stock option exercise

 

 

6/20/2007

 

(5,392

)

Disposition — Open market sale

 

 

1/9/2008

 

(660

)

Disposition — Scheduled distribution from Target stock fund under deferred compensation plan account

 

 

6/19/2008

 

(458

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

274

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

837

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Sara Justice Ross

 

6/15/2007

 

4,432

 

Acquisition — Stock option exercise

 

 

6/15/2007

 

(4,432

)

Disposition — Open market sale

 

 

Various

 

544

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Stephen W. Sanger

 

7/9/2007

 

4,692

 

Acquisition — Stock option exercise

 

A-8



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

 

 

7/9/2007

 

(1,494

)

Disposition — Stock swap

 

 

1/9/2009

 

5,694

 

Acquisition — Stock option exercise

 

 

1/9/2009

 

(4,179

)

Disposition — Stock swap

 

 

 

 

 

 

 

Mark Schindele

 

4/5/2007

 

13,900

 

Acquisition — Stock option exercise

 

 

4/5/2007

 

(13,900

)

Disposition — Open market sale

 

 

10/26/2007

 

(78

)

Disposition — Transfer from Target stock fund under deferred compensation plan account

 

 

10/26/2007

 

(208

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

11/20/2007

 

1,980

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

11/20/2007

 

1,103

 

Acquisition — Transfer into Target stock fund under Target 401(k)

 

 

11/27/2007

 

(1,660

)

Disposition — Transfer from Target stock fund under deferred compensation plan account

 

 

11/27/2007

 

(1,192

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

6/9/2008

 

913

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

6/9/2008

 

333

 

Acquisition — Transfer into Target stock fund under Target 401(k)

 

 

7/1/2008

 

862

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

7/1/2008

 

488

 

Acquisition — Transfer into Target stock fund under Target 401(k)

 

 

10/10/2008

 

921

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

10/10/2008

 

533

 

Acquisition — Transfer into Target stock fund under Target 401(k)

 

 

Various

 

233

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

581

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Joseph H. Schultz

 

6/8/2007

 

650

 

Acquisition — Stock option exercise

 

 

6/8/2007

 

(650

)

Disposition — Open market sale

 

 

11/19/2007

 

(1,223

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

8/29/2008

 

(532

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

9/11/2008

 

2,615

 

Acquisition — Stock option exercise

 

 

9/11/2008

 

(2,615

)

Disposition — Open market sale

 

 

Various

 

140

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

713

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Douglas A. Scovanner

 

6/5/2007

 

118,166

 

Acquisition — Stock option exercise

 

 

6/5/2007

 

(118,166

)

Disposition — Open market sale

 

 

6/14/2007

 

(22,400

)

Disposition — Open market sale

 

 

11/28/2007

 

(34,869

)

Disposition — Transfer out of Target stock fund under deferred compensation plan account

 

 

3/12/2008

 

42,394

 

Acquisition — Settlement of 2004 performance share unit award

 

 

3/12/2008

 

34,086

 

Acquisition — Settlement of 2005 performance share unit award

 

 

3/12/2008

 

(14,555

)

Disposition — Surrender of shares for tax withholding

 

A-9



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

 

 

8/26/2008

 

(42,477

)

Disposition — Scheduled distribution of deferred compensation under Rule 10b5-1

 

 

12/8/2008

 

(5,531

)

Disposition — Open market sale

 

 

1/14/2009

 

39,941

 

Acquisition — Award of restricted stock units

 

 

3/11/2009

 

1,260

 

Acquisition — Settlement of 2006 performance share unit award

 

 

3/11/2009

 

(413

)

Disposition — Surrender of shares for tax withholding

 

 

Various

 

1,867

 

Acquisition — Dividend equivalents for restricted stock units

 

 

Various

 

893

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Ann Scovil

 

Various

 

625

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Robert A. Seng

 

9/4/2007

 

420

 

Acquisition — Stock option exercise

 

 

9/4/2007

 

(420

)

Disposition — Open market sale

 

 

5/29/2007

 

(115

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

2/28/2008

 

(104

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

3/7/2008

 

(7

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

8/27/2008

 

(123

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

12/8/2008

 

(65

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

481

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Terri K. Simard

 

3/28/2007

 

(559

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

530

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

11

 

Acquisition — Shares acquired under dividend reinvestment program

 

 

 

 

 

 

 

Susan K. Smith

 

1/12/2009

 

1,898

 

Acquisition — Stock option exercise

 

 

1/12/2009

 

(1,898

)

Disposition — Open market sale

 

 

Various

 

59

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

796

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Marcus J. Steadman

 

10/10/2008

 

2,623

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

1/8/2009

 

(2,091

)

Disposition — Scheduled distribution from Target stock fund under deferred compensation plan account

 

 

Various

 

628

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

Various

 

17

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

 

 

 

 

 

Gregg W. Steinhafel

 

6/19/2007

 

121,000

 

Acquisition — Stock option exercise

 

 

6/19/2007

 

(121,000

)

Disposition — Open market sale

 

 

6/20/2007

 

85,788

 

Acquisition — Stock option exercise

 

 

6/20/2007

 

(85,788

)

Disposition — Open market sale

 

 

8/27/2007

 

115,019

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

1/3/2008

 

151,074

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

A-10



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

 

 

3/12/2008

 

23,962

 

Acquisition — Settlement of 2004 performance share unit awards

 

 

3/12/2008

 

42,488

 

Acquisition — Settlement of 2005 performance share unit awards

 

 

3/12/2008

 

(18,143

)

Disposition — Surrender of shares for tax withholding

 

 

1/14/2009

 

60,651

 

Acquisition — Award of restricted stock units

 

 

1/14/2009

 

(44,452

)

Disposition — Scheduled distribution of deferred compensation under Rule 10b5-1

 

 

3/11/2009

 

3,489

 

Acquisition — Settlement of 2006 performance share unit award

 

 

3/11/2009

 

(1,491

)

Disposition — Surrender of shares for tax withholding

 

 

3/18/2009

 

150,000

 

Acquisition — Open market purchase

 

 

3/18/2009

 

77,805

 

Acquisition — Transfer into Target stock fund under Target 401(k)

 

 

Various

 

1,992

 

Acquisition — Dividend equivalents for restricted stock units

 

 

Various

 

722

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Mitchell L. Stover

 

6/1/2007

 

(5,420

)

Disposition — Transfer from Target stock fund under deferred compensation plan account

 

 

6/22/2007

 

17,726

 

Acquisition — Stock option exercise

 

 

6/22/2007

 

(18,726

)

Disposition — Open market sale

 

 

3/12/2008

 

5,326

 

Acquisition — Settlement of performance share unit award

 

 

3/12/2008

 

(1,742

)

Disposition — Surrender of shares for tax withholding

 

 

9/3/2008

 

(1,000

)

Disposition — Open market sale

 

 

10/6/2008

 

10,977

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

3/11/2009

 

142

 

Acquisition — Settlement of performance share unit award

 

 

3/11/2009

 

(61

)

Disposition — Surrender of shares for tax withholding

 

 

Various

 

129

 

Acquisition — Periodic acquisitions in Target stock fund under deferred compensation plan account

 

 

Various

 

736

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

George W. Tamke

 

6/13/2007

 

1,189

 

Acquisition — Award of restricted stock units

 

 

6/11/2008

 

1,440

 

Acquisition — Award of restricted stock units

 

 

Various

 

86

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Kathryn A. Tesija

 

6/8/2007

 

(23,389

)

Disposition — Transfer from Target stock fund under deferred compensation plan account

 

 

6/8/2007

 

(7,412

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

7/13/2007

 

72,948

 

Acquisition — Stock option exercise

 

 

7/13/2007

 

(72,948

)

Disposition — Open market sale

 

 

10/4/2007

 

11,718

 

Acquisition — Stock option exercise

 

 

10/4/2007

 

(6,077

)

Disposition — Stock swap

 

 

3/12/2008

 

5,326

 

Acquisition — Settlement of performance share unit award

 

 

3/12/2008

 

(1,753

)

Disposition — Surrender of shares for tax withholding

 

 

4/21/2008

 

12,343

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

1/14/2009

 

22,190

 

Acquisition — Award of restricted stock units

 

 

1/15/2009

 

(16,569

)

Disposition — Scheduled distribution from Target stock fund under deferred compensation plan account

 

 

3/10/2009

 

134

 

Acquisition — Dividend equivalents for restricted stock units

 

 

3/11/2009

 

148

 

Acquisition — Receipt of deferred share units in settlement of a performance share unit award

 

 

3/11/2009

 

4

 

Acquisition — Settlement of performance share unit award

 

 

3/11/2009

 

(4

)

Disposition — Surrender of shares for tax withholding

 

A-11



 

Name

 

Date

 

# of Shares

 

Transaction Description

 

 

 

 

 

 

 

 

 

Various

 

7,117

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

Various

 

875

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Kari L. Thompson

 

5/12/2008

 

(358

)

Disposition — Transfer from Target stock fund under Target 401(k)

 

 

Various

 

487

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Solomon D. Trujillo

 

12/21/2007

 

4,692

 

Acquisition — Stock option exercise

 

 

12/19/2008

 

5,694

 

Acquisition — Stock option exercise

 

 

12/19/2008

 

(4,322

)

Disposition — Stock swap

 

 

1/14/2009

 

2,219

 

Acquisition — Award of restricted stock units

 

 

Various

 

52

 

Acquisition — Dividend equivalents for restricted stock units

 

 

 

 

 

 

 

Michael J. Wahlig

 

6/5/2007

 

4,746

 

Acquisition — Stock option exercise

 

 

6/5/2007

 

(4,746

)

Disposition — Open market sale

 

 

6/26/2008

 

4,416

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

10/13/2008

 

5,222

 

Acquisition — Transfer into Target stock fund under deferred compensation plan account

 

 

1/8/2009

 

(7,613

)

Disposition — Scheduled distribution from Target stock fund under deferred compensation plan account

 

 

Various

 

76

 

Acquisition — Dividend equivalents on Target stock fund under deferred compensation plan account

 

 

Various

 

1,498

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Laysha Ward

 

Various

 

543

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Judith L. Werthauser

 

Various

 

245

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

 

 

 

 

 

 

Catharine R. Wright

 

Various

 

390

 

Acquisition — Periodic acquisitions of shares allocated to an individual account under the Target 401(k)

 

Miscellaneous Information Concerning Participants

 

Other than as set forth in these schedules or the definitive proxy statement filed by Target on April 21, 2009, none of the participants or their associates (i) beneficially owns, directly or indirectly, any shares or other securities of Target or any of our subsidiaries or (ii) has any substantial interest, direct or indirect, by security holdings or otherwise, in any matter to be acted upon at the annual meeting.  In addition, except as set forth below, neither we nor any of the participants listed above has been within the past year a party to any contract, arrangement or understanding with any person with respect to any of our securities, including, but not limited to, joint ventures, loan or option arrangements, puts or calls, guarantees against loss or guarantees of profit, division of losses or profits or the giving or withholding of proxies.  As described in more detail in Notes 24 and 26 to our consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended January 31, 2009, we are a party to certain prepaid forward contracts and we were a party to certain call options pursuant to which we have repurchased shares of our common stock.

 

Other than as set forth in these schedules or the definitive proxy statement filed by Target on April 21, 2009, neither we nor any of the participants listed above or any of their associates have or will have (i) any arrangements or understandings with any person with respect to any future employment by us or our affiliates or with respect to any future transactions to which we or any of our affiliates will or may be a party or (ii) a direct or indirect material interest in any transaction or series of similar transactions since the beginning of our last fiscal year or any currently proposed transactions, or series of similar transactions, to which we or any of our subsidiaries was or is to be a party in which the amount involved exceeds $120,000.

 

A-12