Edgar Filing: TARGET CORP

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Kozlak Jodee A

2. Date of Event Requiring Statement (Month/Day/Year)
02/07/2006

3. Issuer Name and Ticker or Trading Symbol
TARGET CORP [TGT]

(Last)

(First)

(Middle)

1000 NICOLLET MALL

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Executive Officer

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

MINNEAPOLIS,Â MNÂ 55403

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $.0833 per share	0	D	Â
Common Stock, $.0833 per share	1,320.708 ⁽¹⁾	I	By 401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Deferred Compensation Units ⁽²⁾	Â ⁽³⁾	Â ⁽³⁾	Common Stock	373.7203	$ ⁽²⁾	D	Â
Stock Option ⁽⁴⁾	Â ⁽⁵⁾	01/09/2012	Common Stock	1,839	$ 40.8	D	Â
Stock Option ⁽⁴⁾	Â ⁽⁶⁾	09/04/2012	Common Stock	5,911	$ 33.84	D	Â
Stock Option ⁽⁴⁾	Â ⁽⁷⁾	01/08/2013	Common Stock	4,958	$ 30.26	D	Â
Stock Option ⁽⁴⁾	Â ⁽⁸⁾	01/14/2014	Common Stock	3,922	$ 38.25	D	Â
Stock Option ⁽⁴⁾	Â ⁽⁹⁾	08/02/2014	Common Stock	3,408	$ 44.02	D	Â
Stock Option ⁽⁴⁾	Â ⁽¹⁰⁾	01/12/2015	Common Stock	4,047	$ 49.43	D	Â
Stock Option ⁽⁴⁾	Â ⁽¹¹⁾	01/11/2016	Common Stock	13,895	$ 53.98	D	Â
Stock Option ⁽⁴⁾	Â ⁽¹²⁾	02/06/2016	Common Stock	33,576	$ 55.1	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Kozlak Jodee A 1000 NICOLLET MALL MINNEAPOLIS,Â MNÂ 55403	Â	Â	Â Executive Officer	Â

Signatures

By: Jodee A. Kozlak		02/17/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares held in the Target Corporation 401(k) Plan as of February 7, 2006.
(2)	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. 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.
(3)	Amounts deemed invested in units whose value is derived from Target Corporation stock may be transferred into other investment alternatives under the Plan at any time. Units reported are payable only in cash generally following termination of the reporting person's service as an executive of Target Corporation.
(4)	Option granted under the Target Corporation Long-Term Incentive Plan in a transaction exempt under Rule 16b-3.
(5)	Option granted on January 9, 2002. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
(6)	Option granted on September 4, 2002. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
(7)	Option granted on January 8, 2003. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
(8)	Option granted on January 14, 2004. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
(9)	Option granted on August 2, 2004. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
(10)	Option granted on January 12, 2005. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
(11)	Option granted on January 11, 2006. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.
(12)	Option granted on February 6, 2006. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.

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