TURNER R GERALD 4
4 · J C PENNEY CO INC · Filed May 22, 2009
Insider Transaction Report
Form 4
TURNER R GERALD
Director
Transactions
- Award
Common Stock of 50 cents Par Value
2009-05-20+4,527→ 32,557.31 total
Footnotes (2)
- [F1]Annual grant of restricted stock units pursuant to the Company's 2009 Long-Term Incentive Plan.
- [F2]Includes 260.63 restricted stock units acquired since May 21, 2008 pursuant to dividend equivalents on restricted stock unit awards and 571.43 shares acquired since May 21, 2008 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.