CLARK MAXINE 4
4 · J C PENNEY CO INC · Filed May 22, 2009
Insider Transaction Report
Form 4
CLARK MAXINE
Director
Transactions
- Award
Common Stock of 50 cents Par Value
2009-05-20+4,527→ 17,326.936 total
Footnotes (2)
- [F1]Annual grant of restricted stock units pursuant to the Company's 2009 Long-Term Incentive Plan.
- [F2]Includes 50.85 restricted stock units acquired since February 23, 2009 pursuant to dividend equivalents on restricted stock unit awards and 32.037 shares acquired since February 23, 2009 pursuant to the reinvestment of dividends under the Company's dividend reinvestment plan. Dividend equivalents on restricted stock unit awards and dividends accrue on a quarterly basis, exempt under Rule 16a-11.