J C PENNEY CO INC 4
4 · J C PENNEY CO INC · Filed Mar 2, 2005
Insider Transaction Report
Form 4
RAISH STEPHEN F
EVP, Chief Information Officer
Transactions
- Award
Options/Right to Buy/Grant
2005-03-01$44.69/sh+75,000$3,351,750→ 279,025 totalExercise: $44.69From: 2006-02-28Exp: 2015-02-27→ Common Stock (75,000 underlying)
Holdings
- 2,311
Common Stock of 50 cent Par Value
- 10,471.724(indirect: By Trust)
Common Stock of 50 cent Par Value
- 53.965
PSUs with DERS (DRIP)
→ Common Stock (53.965 underlying) - 2,460.558
Mirror Savings Plan
→ Common Stock (2,460.558 underlying)
Footnotes (5)
- [F1]Equivalent shares based on units of JCPenney stock held by trustee of 401(k) plans, and assigned to my account, as of February 28, 2005, pusuant to plans. Differences in totals reported since last Form 4 or Form 5 represent units acquired by trustee since then in the ordinary course of the plan's administration and reflects adjustments made to all equivalent shares in the plan, divided among accounts of all participants in the plan, all exempt under Rule 16b-3.
- [F2]Equivalent shares based on units credited under the Company's Mirror Savings Plan I, II, and 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.
- [F5]Dividends accrued under Company's Deferred Compensation Plan, exempt under Rule 16a-11.