TURNER R GERALD 4
4 · J C PENNEY CO INC · Filed May 24, 2004
Insider Transaction Report
Form 4
TURNER R GERALD
Director
Transactions
- Award
PSUs with DERS
2004-02-01$26.56/sh+63.736$1,693→ 1,479.129 total→ Common Stock (63.736 underlying) - Award
PSU Dividend Equivalent Rights
2004-02-01$26.38/sh+17.82$470→ 3,740.62 total→ Common Stock (17.82 underlying) - Award
Common Stock of 50 cent Par Value
2004-05-20$34.33/sh+2,184$74,977→ 16,139.886 total
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.