OSBORNE BURL 4
4 · J C PENNEY CO INC · Filed May 27, 2011
Insider Transaction Report
Form 4
OSBORNE BURL
Director
Transactions
- Award
Common Stock of 50 cents Par Value
2011-05-25+4,183→ 34,160.307 total
Footnotes (2)
- [F1]Annual grant of restricted stock units pursuant to the Company's 2009 Long-Term Incentive Plan.
- [F2]Includes 470.74 restricted stock units acquired since May 26, 2010 pursuant to dividend equivalents on restricted stock unit awards. Dividend equivalents on restricted stock unit awards accrue on a quarterly basis, exempt under Rule 16a-11.