SEC Form 4 · accession 0001140361-15-011997
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis P Miller
Officer — SVP, Controller
Period of report
Mar 13, 2015
Accepted (ET)
Mar 16, 2015 · 4:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166126
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock of 50 cents Par ValueF1 | Mar 13, 2015 | F | 1,510 | $7.73 | D | 32,639 | D | |
| Common Stock of 50 cents Par ValueF2 | holding | — | — | — | 3,635 | I | By Trustee of 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares used to satisfy tax withholding obligation upon vesting of time-based restricted stock units granted under the Company's 2009 Long-Term Incentive Plan.
- F2Represents equivalent shares based on units of participation in the JCPenney stock fund allocated to Mr. Miller's account in the Company's 401(k) plan as of February 28, 2015. The shares of JCPenney common stock in the fund are held by the trustee of the 401(k) plan. Changes in the amount of securities beneficially owned reflect changes in the value of the fund, the number of units of participation in the fund held by all participants, and the number of units of participation held by Mr. Miller.
Remarks
***Under POA as filed herewith. Exhibit List: Exhibit No. 24 - Power of Attorney (POA)