SEC Form 4 · accession 0001140361-15-010249
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kent B Foster
Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 5:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166126
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2,F1 | — | Mar 2, 2015 | A | 2,647 | A | — | — | Common Stock | 2,647 | 35,079 | D |
Explanation of responses
- F1Phantom stock units acquired in connection with deferral of cash received for services as a director into the Company's Deferred Compensation Plan for Directors. Conversion is one-for-one.
- F2Under the Company's Deferred Compensation Plan for Directors, the number of units acquired is based on the closing price of JCPenney common stock on the last trading day prior to the date of deferral.
Remarks
***Under POA as filed herewith. Exhibit List: Exhibit No. 24 - Power of Attorney (POA)