BLACKWELL TODD 4
4 · TARGET CORP · Filed Jan 5, 2004
Insider Transaction Report
Form 4
TARGET CORPTGT
BLACKWELL TODD
Executive Officer
Transactions
- Award
Deferred Compensation Units
2003-12-31$65.02/sh+176.49$11,476→ 176.49 total→ Common Stock
Holdings
- 0
Common Stock, $.0833 per share
- 6,424.957(indirect: By 401(k))
Common Stock, $.0833 per share
Footnotes (3)
- [F1]Shares held in Target Corporation 401(k) Plan (the "401(k) Plan") as of February 1, 2003, subject to adjustments.
- [F2]Acquired pursuant to the Target Corporation Executive Deferred Compensation Plan (the "Plan"). Under the terms of the Plan, participants are invested in units which reflect the value of the amount of compensation deferred and any matching amounts contributed by Target Corporation. The value of the units reported is adjusted to reflect approximately the rate of return of Target Corporation common stock plus a 2% annual enhancement. The units are not convertible into Target Corporation common stock, nor is any specific number of shares of such stock deemed to underlie each unit. Amounts deemed invested in units whose value is derived from Target Corporation stock may be transferred into other investment alternatives under the Plan.
- [F3]Units reported are payable only in cash generally following termination of the reporting person's service as an executive officer of Target Corporation.