TURNER R GERALD 4
4 · J C PENNEY CO INC · Filed May 27, 2011
Insider Transaction Report
Form 4
TURNER R GERALD
Director
Transactions
- Award
Common Stock of 50 cents Par Value
2011-05-25+4,183→ 43,785.769 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 and 463.9919 shares acquired since May 26, 2010 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.