SEC Form 4 · accession 0001140361-15-026058
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Myron E Ullman III
Officer — Chief Executive Officer · Director
Period of report
Jun 29, 2015
Accepted (ET)
Jun 30, 2015 · 4:34 pm EDT
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 UnitsF1 | — | Jun 29, 2015 | A | 683 | A | — | — | Common Stock | 683 | 41,490 | D |
Explanation of responses
- F1Represents equivalent shares based on units of participation in the JCPenney stock fund credited to Mr. Ullman's account under the Company's Mirror Savings Plan. Each phantom stock unit entitles the reporting person to receive, on the applicable payment date, the cash value of one share of JCPenney common stock.
Remarks
*** Under continuing POA as filed with the S.E.C.