Home/Filings/4/0001166126-04-000041
4//SEC Filing

DAVIS GARY L 4

Accession 0001166126-04-000041

CIK 0001166126other

Filed

May 24, 8:00 PM ET

Accepted

May 25, 5:12 PM ET

Size

16.2 KB

Accession

0001166126-04-000041

Insider Transaction Report

Form 4
Period: 2004-05-21
DAVIS GARY L
EVP. Chief HR & Admin. Officer
Transactions
  • Sale

    Options / Right to Buy / Grant

    2004-05-21$34.90/sh34,000$1,186,600366,750 total
    Exercise: $10.85From: 2002-06-30Exp: 2011-01-01Common Stock (34,000 underlying)
  • Sale

    Options / Right to Buy / Grant

    2004-05-21$34.80/sh16,000$556,800350,750 total
    Exercise: $10.85From: 2002-06-30Exp: 2011-01-01Common Stock (16,000 underlying)
  • Sale

    Options / Right to Buy / Grant

    2004-05-21$35.00/sh36,200$1,267,000314,550 total
    Exercise: $14.66From: 2002-02-26Exp: 2011-02-25Common Stock (36,200 underlying)
  • Sale

    Options / Right to Buy / Grant

    2004-05-24$35.00/sh13,800$483,000300,750 total
    Exercise: $14.66From: 2002-02-26Exp: 2011-02-25Common Stock (13,800 underlying)
  • Sale

    Options / Right to Buy / Grant

    2004-05-24$35.00/sh6,000$210,000294,750 total
    Exercise: $16.00From: 2002-02-28Exp: 2010-02-27Common Stock (6,000 underlying)
Holdings
  • Common Stock of 50 cent Par Value

    11,418
  • ESOP Convertible Preferred Stock

    (indirect: By Trust)
    Common Stock (123.156 underlying)
    123.156
Footnotes (2)
  • [F1]Equivalent shares based on units of JCPenney stock held by trustee of 401(k) plan, and assigned to my account, as of April 30, 2004, pursuant to plan. Differences in totals reported since last Form 4 or Form 5 represent units acquired by trustee since then in the ordinary course of plan's administration and reflects adjustments made to all equivalent shares in plan, divided among accounts of all participants in plan, all exempt under Rule 16b-3. Preferred Stock convertible on a 20-for-one basis into JCPenney Common Stock.
  • [F2]Various options were exercised and shares sold on May 21 and May 24. A portion of the shares sold will cover substantial withholding tax, FICA, and other obligations associated with the option exercise.

Issuer

J C PENNEY CO INC

CIK 0001166126

Entity typeother

Related Parties

1
  • filerCIK 0001246087

Filing Metadata

Form type
4
Filed
May 24, 8:00 PM ET
Accepted
May 25, 5:12 PM ET
Size
16.2 KB