RICHARDS ANN W 4
4 · J C PENNEY CO INC · Filed May 24, 2004
Insider Transaction Report
Form 4
RICHARDS ANN W
Director
Transactions
- Award
Common Stock of 50 cent Par Value
[F1]2004-05-20$34.33/sh+2,184$74,977→ 13,520 total - Award
PSUs with DERS
[F2]2004-02-01$26.56/sh+58.222$1,546→ 1,192.796 total→ Common Stock (58.222 underlying)
Footnotes (2)
- [F1]Annual Grant of restricted shares from the Company's 2001 Equity Compensation Plan.
- [F2]Dividends accrue on a quarterly basis under the Company's Deferred Compensation Plan for Directors, exempt under Rule 16a-11. Conversion price is one-for-one.
Signature
***Ralph H. Richardson|2004-05-24