Wafford Bill 4
4 · J C PENNEY CO INC · Filed Jun 16, 2020
Insider Transaction Report
Form 4
Wafford Bill
EVP, CFO
Transactions
- Sale
Common Stock of 50 cents Par Value
2020-06-12$0.33/sh−203,360$67,719→ 0 total
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.33 to $0.341, inclusive. The reporting person undertakes to provide any security holder of J. C. Penney Company, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote to this Form 4.
- [F2]The reporting person forfeited all of his previously reported restricted stock units as a condition to an award made to the reporting person pursuant to the J. C. Penney Company, Inc. Pre-Paid Compensation Plan (see the Issuer's Current Report on Form 8-K filed on May 12, 2020) and no longer owns any beneficial interest in the Issuer's common stock.