FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * SANDO JILL 2. Issuer Name and Ticker or Trading Symbol TARGET CORP [ TGT ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive Officer
(Last)         (First)         (Middle)
1000 NICOLLET MALL
3. Date of Earliest Transaction (MM/DD/YYYY)
11/24/2021
(Street)
MINNEAPOLIS, MN 55403
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  11/24/2021    M(1)    3186.0000  A $60.4800  25848.0000 (2) D   
Common Stock  11/24/2021    S    3186.0000  D $247.6100  22662.0000  D   
Common Stock                 2133.8417 (3) I  By 401(k) Plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (4) $60.4800  11/24/2021    M        3186.0000    (5) 1/9/2023  Common Stock  3186.0000  $0.0000  0.0000  D   

Explanation of Responses:
(1)  Option granted under the Target Corporation 2011 Long-Term Incentive Plan previously reported by the reporting person on Form 3 filed January 23, 2020.
(2)  Includes dividend equivalents paid on restricted stock units and 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 restricted stock units and performance-based restricted stock units.
(3)  Shares held in the Target Corporation 401(k) Plan based on the plan statement as of September 30, 2021.
(4)  Option granted under the Target Corporation 2011 Long-Term Incentive Plan.
(5)  Option granted on January 9, 2013. Option vests and becomes exercisable in 25% increments on each anniversary of the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SANDO JILL
1000 NICOLLET MALL
MINNEAPOLIS, MN 55403


Executive Officer

Signatures
Andrew J. Neuharth, Attorney-In-Fact 11/29/2021
**Signature of Reporting Person Date
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