J C PENNEY CO INC 4
4 · J C PENNEY CO INC · Filed Aug 17, 2012
Insider Transaction Report
Form 4
Kramer Michael W
Chief Operating Officer
Transactions
- Purchase
Common Stock of 50 cents Par Value
2012-08-16$23.74/sh+4,400$104,456→ 884,049.103 total
Footnotes (2)
- [F1]These shares were purchased in multiple transactions on August 16, 2012 at actual sales prices ranging from $23.74 to $23.75 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- [F2]Includes 10,317.103 restricted stock units acquired since December 5, 2011 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.