TURNER R GERALD 4
4 · J C PENNEY CO INC · Filed May 25, 2012
Insider Transaction Report
Form 4
TURNER R GERALD
Director
Transactions
- Award
Common Stock of 50 cents Par Value
2012-05-23+5,503→ 50,249.08 total
Footnotes (2)
- [F1]Annual grant of restricted stock units pursuant to the Company's 2012 Long-Term Incentive Plan.
- [F2]Includes 535.23 restricted stock units acquired since May 25, 2011 pursuant to dividend equivalents on restricted stock unit awards and 425.0813 shares acquired since May 25, 2011 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.