SEC Form 4 · accession 0001140361-18-027119
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Javier G Teruel
Director
Period of report
May 31, 2018
Accepted (ET)
Jun 4, 2018 · 4:47 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 | May 31, 2018 | A | 61,983 | $0.00 | A | 594,307 | D | |
| Common Stock of 50 cents Par ValueF2,F3 | Jun 1, 2018 | A | 7,044 | $2.36 | A | 601,351 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Annual grant of restricted stock units pursuant to the Company's 2018 Long-Term Incentive Plan.
- F2The reporting person received JCPenney common stock pursuant to the 2018 Long-Term Incentive Plan in lieu of cash for his services as a director.
- F3Based on the closing price of JCPenney common stock on the date of issuance.
Remarks
***Under continuing POA as filed with the S.E.C.