J C PENNEY CO INC 4
4 · J C PENNEY CO INC · Filed Nov 15, 2012
Insider Transaction Report
Form 4
Sweeney Mark R
SVP, Controller
Transactions
- Award
Common Stock of 50 cents Par Value
2012-11-13+14,368→ 14,368 total - Award
Employee stock option/Right to Buy
2012-11-13+30,562→ 30,562 totalExercise: $17.40Exp: 2022-11-13→ Common Stock (30,562 underlying)
Footnotes (2)
- [F1]Represents restricted stock units granted in connection with the commencement of Mr. Sweeney's employment. The restricted stock units will vest 100% on November 13, 2015.
- [F2]Represents grant of employee stock options under the Company's 2012 Long-Term Incentive Plan in connection with the commencement of Mr. Sweeney's employment. The option will vest one-third on November 13, 2013, one-third on November 13, 2014, and one-third on November 13, 2015.