SEC Form 4 · accession 0001140361-16-054690
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet Link
Officer — EVP, General Counsel
Period of report
Feb 23, 2016
Accepted (ET)
Feb 24, 2016 · 5:09 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 | Feb 23, 2016 | A | 20,747 | $0.00 | A | 80,713 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents earn-out of 2015 portion of previously awarded performance-based restricted stock units granted under the Company's 2014 Long-Term Incentive Plan. The earned restricted stock units are subject to time-based vesting and will fully vest and be distributed to the reporting person on May 20, 2018.
Remarks
***Under continuing POA as filed with the S.E.C.