UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)  January 24, 2012

 

 

Target Corporation

(Exact name of registrant as specified in its charter)

 

 

Minnesota

 

1-6049

 

41-0215170

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

 

1000 Nicollet Mall, Minneapolis, Minnesota 55403

(Address of principal executive offices, including zip code)

 

(612) 304-6073

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



 

Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

 

On January 24, 2012 Target Corporation announced that John J. Mulligan has been promoted to the position of executive vice president and chief financial officer effective April 1, 2012.  A copy of Target’s press release announcing this event is attached as Exhibit 99 and incorporated herein by reference.

 

In connection with this promotion, Mr. Mulligan will receive stock options, restricted stock units and performance share units having a grant date present value of $1 million, $500,000 and $500,000, respectively, under the Corporation’s 2011 Long-Term Incentive Plan.

 



 

Item 9.01.  Financial Statements and Exhibits.

 

(d)

 

Exhibits

 

 

 

 

 

(99)

Target Corporation’s News Release dated January 24, 2012.

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

TARGET CORPORATION

 

 

 

 

 

 

Date: January 24, 2012

/s/ Timothy R. Baer

 

 

Timothy R. Baer

 

Executive Vice President, General Counsel

 

and Corporate Secretary

 



 

EXHIBIT INDEX

 

Exhibit

 

Description

 

Method
of Filing

 

 

 

 

 

 

(99)

 

Target Corporation’s News Release dated January 24, 2012.

 

Filed Electronically