SEC Form 4 · accession 0001140361-18-028240
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Drexler
Officer — SVP, CAO and Controller
Period of report
Jun 11, 2018
Accepted (ET)
Jun 12, 2018 · 4:41 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,F2 | Jun 11, 2018 | F | 2,552 | $2.95 | D | 75,277 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to satisfy tax withholding obligation upon vesting of time-based restricted stock units as required by the Issuer. These shares were not sold by the reporting person in the open market.
- F2Includes 1,000 shares acquired under the J. C. Penney Company, Inc. 2016 Employee Stock Purchase Plan on March 29, 2018.
Remarks
*** Under continuing POA as filed with the S.E.C.