OSBORNE BURL 4
4 · J C PENNEY CO INC · Filed May 22, 2009
Insider Transaction Report
Form 4
OSBORNE BURL
Director
Transactions
- Award
Common Stock of 50 cents Par Value
2009-05-20+4,527→ 23,869.9 total
Footnotes (2)
- [F1]Annual grant of restricted stock units pursuant to the Company's 2009 Long-Term Incentive Plan.
- [F2]Includes 260.63 restricted stock units acquired since May 21, 2008 pursuant to dividend equivalents on restricted stock unit awards. Dividend equivalents on restricted stock unit awards accrue on a quarterly basis, exempt under Rule 16a-11.