Quoted:
I've always done it with a reload required.  Three targets with 4 hits per target for a total of 12 rounds minimum fired.     I normally shoot it 2,2,2 reload 2,2,2.

Perhaps the most famous combat pistol drill is the El Presidente drill, developed by Jeff Cooper in the 1970s and published in the January/February 1979 issue of American Handgunner magazine. This is still used as a benchmark to gauge a shooter's skills, as it tests the draw and reload, and requires good transitions and follow-through. The El Presidente drill is set up as follows:

3 silhouette targets are placed 1 meter apart in a line 10 meters from the shooter
The shooter starts with 6 rounds in a holstered handgun, and a spare magazine or speedloader with another 6 rounds
The shooter begins facing directly away from the targets, often with hands clasped in front or over the head.
Upon the starting signal, the shooter turns and draws, fires 2 shots at each target, reloads, then fires two more shots at each target.
Scoring varies; the simplest method uses hit/miss scoring, with a time penalty (often 10 seconds) for each miss. El Presidentes scored under the IPSC Comstock system take the total number of points on the targets (possible 60 points) and divide that by the time taken to complete the drill. This generates a number called "hit factor" which is a numerical representation of how many points the shooter placed on target per second during the drill. Example: shooting 55 points in 5.5 seconds would give the shooter a 10.0 hit factor. Originally a time of 10 seconds with a stock handgun, and all the points on target, was considered good. Today shooters using modern IPSC raceguns with muzzle brakes and red dot sights are close to breaking the three second barrier, and even shooters using street-type guns with no muzzle brakes or optical sights routinely break the five second mark.