SEC Form 4 · accession 0001140361-16-048241
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brynn Evanson
Officer — EVP, HR
Period of report
Jan 15, 2016
Accepted (ET)
Jan 20, 2016 · 5:55 pm EST
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 | Jan 15, 2016 | A | 53,495 | $0.00 | A | 160,355 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option/Right to BuyF3,F2 | $7.01 | Jan 15, 2016 | A | 116,822 | A | — | Jan 14, 2026 | Common Stock | 116,822 | 116,822 | D |
Explanation of responses
- F1Represents restricted stock units granted under the Company's 2014 Long-Term Incentive Plan.
- F2Represents grant of employee stock options under the Company's 2014 Long-Term Incentive Plan which vest on January 15, 2019.
- F3Represents current grant of stock options. Including the reported grant, Ms. Evanson beneficially owns an aggregate of 318,878 stock options at various exercise prices.
Remarks
*** Under continuing POA as filed with the S.E.C.