SEC Form 3 · accession 0001567619-18-003963
J C PENNEY CO INC · JCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry J Murray
Officer — Interim CFO
Period of report
Oct 1, 2018
Accepted (ET)
Oct 10, 2018 · 9:29 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 Value | holding | — | — | — | 38,768 | 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 BuyF1 | $10.84 | holding | — | — | — | — | Mar 2, 2026 | Common Stock | 12,500 | — | D |
| Employee stock option/Right to BuyF2 | $5.96 | holding | — | — | — | — | Mar 5, 2027 | Common Stock | 21,331 | — | D |
Explanation of responses
- F1Represents grant of employee stock options under the Company's 2014 Long-Term Incentive Plan, which vested one-third on each of March 3, 2017 and March 3, 2018 and will vest one-third on March 3, 2019.
- F2Represents grant of employee stock options under the Company's 2016 Long-Term Incentive Plan, which vested one-third on March 6, 2018 and will vest one-third on March 6, 2019 and one-third on March 6, 2020.
Remarks
***Under POA as filed herewith. Exhibit List: Exhibit No. 24 - Power of Attorney (POA)