DAVIS GARY L 4
4 · J C PENNEY CO INC · Filed Jan 19, 2005
Insider Transaction Report
Form 4
DAVIS GARY L
EVP. Chief HR & Admin. Officer
Transactions
- Sale
Options / Right to Buy / Grant
2005-01-18$43.00/sh−75,000$3,225,000→ 219,750 totalExercise: $20.22From: 2003-02-25Exp: 2012-02-25→ Common Stock (75,000 underlying)
Holdings
- 8,289
Common Stock of 50 Cent Par Value
- 663.254
Mirror Savings Plan
→ Common Stock (663.254 underlying) - 2,545.026(indirect: By Trust)
Common Stock of 50 Cent Par Value
Footnotes (3)
- [F1]Equivalent shares based on units of JCPenney stock held by trustee of 401(k) plan, and assigned to my account, as of December 31, 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.
- [F2]Equivalent shares based on units credited under the Company's Mirror Savings Plan I, II, III.
- [F3]Employee Stock Option, granted under Rule 16b-3 employee stock option plan.