LOTTER CHARLES R 4
4 · J C PENNEY CO INC · Filed Jan 6, 2004
Insider Transaction Report
Form 4
LOTTER CHARLES R
EVP, Sec. and General Counsel
Transactions
- Sale
Common Stock of 50 cent Par Value
2004-01-02$25.98/sh−42,550$1,105,449→ 82,569 total - Sale
Common Stock of 50 cent Par Value
2004-01-05$26.11/sh−82,500$2,154,075→ 69 total
Holdings
- 346,000
Options/Right to Buy/Grant
From: 2004-02-24Exp: 2013-02-23→ Common Stock
Footnotes (2)
- [F1]Price and Expiration Date vary based on date of options award.
- [F2]The shares covered by this Form 4 are being sold pursuant to a Rule 10b5-1 Trading Plan dated September 18, 2003, which plan is intended to comply with Rule 10b5-1; a portion of the shares sold will cover substantial withholding tax, FICA and other obligations associated with the vesting of the restricted stock award.