ALCORN WILLIAM J 4
4 · J C PENNEY CO INC · Filed Mar 2, 2005
Insider Transaction Report
Form 4
ALCORN WILLIAM J
SVP, ControllerOther
Transactions
- Award
Options/ Right to Buy/ Grant
2005-03-01$44.69/sh+25,000$1,117,250→ 99,375 totalExercise: $44.69From: 2006-02-28Exp: 2015-02-27→ Common Stock (25,000 underlying)
Holdings
- 10,167.196(indirect: By Trust)
Common Stock of 50 cent Par Value
- 5,908
Common Stock of 50 cent Par Value
- 290.732
Mirror Savings Plan
→ Common Stock (290.732 underlying)
Footnotes (4)
- [F1]Equivalent shares based on units of JCPenney stock held by trustee of 401(k) plan, and assigned to my account, as of February 28, 2005, 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.
- [F4]One-third of the options can be exercised on 2/28/2006, one-third on 2/28/2007 and one-third 2/28/2008.