Wlazlo Michelle 4
4 · J C PENNEY CO INC · Filed Mar 6, 2019
Insider Transaction Report
Form 4
Wlazlo Michelle
EVP, Chief Merchant
Transactions
- Award
Common Stock of 50 cents Par Value
2019-03-05+297,619→ 297,619 total - Award
Common Stock of 50 cents Par Value
2019-03-06+242,424→ 540,043 total - Award
Employee stock option/Right to Buy
2019-03-06+400,000→ 400,000 totalExercise: $1.65Exp: 2029-03-05→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]Represents restricted stock units granted under the Company's 2018 Long-Term Incentive Plan.
- [F2]Represents restricted stock units granted in connection with the commencement of Ms. Wlazlo's employment which vest 100% on March 5, 2022.
- [F3]Represents grant of employee stock options under the Company's 2018 Long-Term Incentive Plan which vest one-third on March 6, 2020, one-third on March 6, 2021 and one-third on March 6, 2022.