SEC Form 4 · accession 0001140361-17-029159
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A. Davis
Officer — EVP, Chief Financial Officer
Period of report
Jul 27, 2017
Accepted (ET)
Jul 28, 2017 · 4:32 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 | Jul 27, 2017 | A | 22,645 | $0.00 | A | 22,645 | 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 BuyF2 | $5.52 | Jul 27, 2017 | A | 46,125 | A | — | Jul 26, 2027 | Common Stock | 46,125 | 46,125 | D |
Explanation of responses
- F1Represents restricted stock units granted under the Company's 2016 Long-Term Incentive Plan.
- F2Represents grant of employee stock options under the Company's 2016 Long-Term Incentive Plan, which vest one-third on July 27, 2018, one-third on July 27, 2019 and one-third on July 27, 2020.