Tighe John Joseph III 4
4 · J C PENNEY CO INC · Filed Aug 22, 2017
Insider Transaction Report
Form 4
Tighe John Joseph III
EVP, Chief Merchant
Transactions
- Tax Payment
Common Stock of 50 cents Par Value
2017-08-19$3.60/sh−9,339$33,620→ 257,474 total
Holdings
- 532.405(indirect: By Trust)
Common Stock of 50 cents Par Value
Footnotes (2)
- [F1]Represents shares withheld to satisfy tax withholding obligation upon vesting of time-based restricted stock units granted under the Company's 2014 Long-Term Incentive Plan as required by the Issuer.
- [F2]Represents equivalent shares based on units of participation in the JCPenney stock fund allocated to Mr. Tighe's account in the Company's 401(k) plan, as of August 17, 2017. The shares of JCPenney common stock in the fund are held by the trustee of the 401(k) plan. Changes in the amount of securities beneficially owned reflect changes in the value of the fund, the number of units of participation in the fund held by all participants, and the number of units of participation held by Mr. Tighe.