CLARK MAXINE 4
4 · J C PENNEY CO INC · Filed Jun 5, 2006
Insider Transaction Report
Form 4
CLARK MAXINE
Director
Transactions
- Award
Common Stock of 50 cent Par Value
2006-06-01$62.75/sh+135$8,471→ 6,528 total
Holdings
- 3,095.96
Common Stock of 50 cent Par Value
- 1,504.642
PSU Dividend Equivalent Rights
→ Common Stock (1,504.642 underlying) - 156.064
PSUs with DERS
→ Common Stock (156.064 underlying)
Footnotes (2)
- [F1]The reporting person received JCPenney common stock, pursuant to the 2005 Equity Compensation Plan, in lieu of cash for her services as a director (50% in stock and 50% in cash).
- [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.