CAVANAUGH ROBERT B 4
4 · J C PENNEY CO INC · Filed Mar 17, 2009
Insider Transaction Report
Form 4
CAVANAUGH ROBERT B
EVP, Chief Financial Officer
Transactions
- Award
Employee stock option/Right to Buy
2009-03-16+115,630→ 115,630 totalExercise: $16.09From: 2010-03-16Exp: 2019-03-15→ Common Stock (115,630 underlying)
Footnotes (2)
- [F1]Represents grant of employee stock options under the Company's 2005 Equity Compensation Plan which vests one-third on March 16, 2010, one-third on March 16, 2011, and one-third on March 16, 2012.
- [F2]Represents current grant of stock options. Including the reported grant, Mr. Cavanaugh beneficially owns an aggregate of 462,775 stock options at various exercise prices.