EX-99.2 3 y65653exv99w2.htm EX-99.2: OWNERSHIP POSITIONS EX-99.2
     
Exhibit 99.2
Ownership Positions
Stock
                           
Fund   Asset Class   Investment Description     Quantity                                      
PERSHING SQUARE LP
   COMMON STOCK   TARGET CORPORATION     7,277,025  
Cash Settled Options
                                 
Asset Class   Investment Description   Expiration Date   Shares   Strike Price   % of Beneficial Ownership
OTC Option
  Cash Settled Call Options   January 15, 2010     873,064     $ 40.0800     N/A
OTC Option
  Cash Settled Call Options   January 15, 2010     221,837     $ 42.7600     N/A
OTC Option
  Cash Settled Call Options   January 15, 2010     244,900     $ 42.8110     N/A
OTC Option
  Cash Settled Call Options   January 15, 2010     40,817     $ 42.7980     N/A
OTC Option
  Cash Settled Call Options   January 15, 2010     20,408     $ 40.4320     N/A
 
                               
 
                1,401,026              
 
                               
 
                                
Total Share Beneficial Ownership #
    7,277,025                          
 
 
                               
% Beneficial Ownership
    0.93 %                        
 
                               

 

     
Stock
                         
Fund   Asset Class     Investment Description   Quantity  
PERSHING SQUARE INTL   COMMON STOCK   TARGET CORPORATION   11,227,004  
CASH SETTLED OPTIONS
                                         
Asset Class   Investment Description     Expiration Date     Shares     Strike Price     % of Beneficial Ownership  
OTC Call Option
   Cash Settled Call Options   January 15, 2010     1,100,379     $ 40.0800       N/A  
OTC Call Option
   Cash Settled Call Options   January 15, 2010     274,508     $ 42.7600       N/A  
OTC Call Option
   Cash Settled Call Options   January 15, 2010     351,409     $ 42.8110       N/A  
OTC Call Option
   Cash Settled Call Options   January 15, 2010     58,568     $ 42.7980       N/A  
OTC Call Option
   Cash Settled Call Options   January 15, 2010     29,284     $ 40.4320       N/A  
 
                                      
 
                     1,814,148                  
 
                                      
Total Share Beneficial Ownership #     11,227,004                                  
 
                                      
 
 
                                      
% of Beneficial Ownership
     1.44 %                                
 
                                      

 

     
Stock
                           
Fund   Asset Class   Investment Description   Quantity
PERSHING SQUARE II LP
   COMMON STOCK   TARGET CORPORATION   95,131
STOCK SETTLED OPTIONS
                                         
Asset Class   Investment Description   Expiration Date   Shares   Strike Price   % of Beneficial Ownership
Market Call Option
   Stock Settled Call Option   January 17, 2009     12,000     $ 45.00       0.0015 %
CASH SETTLED OPTIONS
                                         
Asset Class   Investment Description   Expiration Date   Shares   Strike Price   % of Beneficial Ownership
OTC Call Option
   Cash-Settled Call Options   January 15, 2010     26,557     $ 40.0800       N/A  
OTC Call Option
   Cash-Settled Call Options   January 15, 2010     3,655     $ 42.7600       N/A  
OTC Call Option
   Cash-Settled Call Options   January 15, 2010     3,691     $ 42.8110       N/A  
OTC Call Option
   Cash-Settled Call Options   January 15, 2010     615     $ 42.7980       N/A  
OTC Call Option
   Cash-Settled Call Options   January 15, 2010     308     $ 40.4320       N/A  
 
                                        
 
                     34,826                  
 
                                        
Total Share Beneficial Ownership #
     107,131                                  
 
 
                                        
% of Beneficial Ownership
     0.01 %                                
 
                                        

 

     
                                                 
Fund   Asset Class   Investment Description   Quantity        
PERSHING SQUARE IV A, LP
  COMMON STOCK   TARGET CORPORATION   0                    
 
                                                
STOCK SETTLED OPTIONS
                                         
Asset Class   Investment Description   Expiration Date   Shares   Strike Price   % of Beneficial Ownership
OTC Call Option
   Stock Settled Call Options   January 16, 2009     5,000,000     $ 50.58     0.6423 %
OTC Call Option
   Stock Settled Call Options   April 2, 2009     14,500,000     $ 51.08     1.8626 %
OTC Call Option
   Stock Settled Call Options   April 6, 2009     4,681,359     $ 53.12     0.6013 %
OTC Call Option
   Stock Settled Call Options   January 15, 2010     7,240,000     $ 51.08     0.9300 %
OTC Call Option
   Stock Settled Call Options   June 19, 2009     5,000,000     $ 51.07     0.6423 %
OTC Call Option
   Stock Settled Call Options   January 15, 2010     8,700,000     $ 40.00     1.1175 %
 
                                      
 
                     45,121,359             5.7959 %
 
                                      
CASH SETTLED OPTIONS
                                         
Asset Class   Investment Description   Expiration Date   Shares   Strike Price   % of Beneficial Ownership
OTC Call Option
   Cash Settled Call Options   November 20, 2009     6,850,000     $ 45.00       N/A  
 
                                        
OTC Call Option
   Cash Settled Call Options   November 20, 2009     5,352,800     $ 45.00       N/A  
 
                                        
OTC Call Option
   Cash Settled Call Options   January 15, 2010     6,451,613     $ 41.62       N/A  
 
                                        
OTC Call Option
   Cash Settled Call Options   March 19, 2010     4,800,000     $ 40.00       N/A  
 
                                        
 
                     23,454,413                  
 
                                        
STOCK SETTLED EQUITY SWAPS
                                 
Asset Class   Asset Class   Expiration Date   Shares   % of Ben Ownership
OTC Equity Swaps
   Stock Settled Equity Swap   March 19, 2010     4,090,500       0.5254 %
OTC Equity Swaps
   Stock Settled Equity Swap   March 12, 2010     3,260,400       0.4188 %
OTC Equity Swaps
   Stock Settled Equity Swap   March 12, 2010     1,849,100       0.2375 %
 
                                
 
                     9,200,000       1.1818 %
 
                                
 
                                
Total Share Beneficial Ownership #
     54,321,359                          
 
                                
 
                                
% of Beneficial Ownership
     6.98 %                        
 
                                

 

     
STOCK
                                 
Fund   Asset Class   Investment Description   Quarterly        
PERSHING SQUARE IV C LP
  COMMON STOCK   TARGET CORPORATION   1,009,589                
 
                                
Total Share Beneficial Ownership #
    1,009,589                          
 
 
                               
% Beneficial Ownership
    0.13 %