J C PENNEY CO INC 4
4 · J C PENNEY CO INC · Filed May 27, 2005
Insider Transaction Report
Form 4
TURNER R GERALD
Director
Transactions
- Award
PSU Dividend Equivalent Rights
2005-02-01$42.51/sh+11.59$493→ 3,790.84 total→ Common Stock (11.59 underlying) - Award
Common Stock of 50 cent Par Value
2005-05-25$50.98/sh+1,471$74,992→ 1,471 total - Award
PSUs with DERS
2005-02-01$42.64/sh+46.744$1,993→ 1,681.081 total→ Common Stock (46.744 underlying)
Holdings
- 16,139.886
Common Stock of 50 cent Par Value
- 1,600
Options / Right to Buy / Grant
→ Common Stock (1,600 underlying)
Footnotes (3)
- [F1]Annual grant of restricted stock units 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.
- [F3]Varies based on option.