LOTTER CHARLES R 4
4 · J C PENNEY CO INC · Filed Apr 15, 2004
Insider Transaction Report
Form 4
LOTTER CHARLES R
EVP, Sec. and General Counsel
Transactions
- Sale
Options/ Right to Buy/ Grant
2004-04-13$16.00/sh−6,000$96,000→ 359,000 totalExercise: $34.75From: 2002-02-28Exp: 2010-02-27→ Common Stock (6,000 underlying) - Sale
Options/ Right to Buy/ Grant
2004-04-13$10.85/sh−50,000$542,500→ 365,000 totalExercise: $34.90From: 2002-06-30Exp: 2011-01-01→ Common Stock (50,000 underlying)
Holdings
- 69
Common Stock of 50 cent Par Value
- 813.103
Mirror Savings Plan
→ Common Stock (813.103 underlying) - 179.375(indirect: By Trust)
Common Stock of 50 cent Par Value
Footnotes (2)
- [F1]Equivalent shares based on units of JCPenney Stock held by trustee of 401(k) plans, and assigned to my account pursuant to plans. Difference in totals since last Form 4 or Form 5 represent units acquired by trustee since then in the ordinary course of plans' administration and reflects adjustments made to all equivalent shares in plans, divided among accounts of all participants in plans, all exempt under Rule 16b-3.
- [F2]Equivalent shares (1-for-1) based on units credited under the Company's Mirror Savings Plan I, II, and III.