DAVIS GARY L 4
4 · J C PENNEY CO INC · Filed Apr 22, 2004
Insider Transaction Report
Form 4
DAVIS GARY L
EVP. Chief HR & Admin. Officer
Transactions
- Discretionary Transaction
Mirror Savings Plan
2004-04-20$35.79/sh−4,286.67$153,420→ 0 totalExercise: $35.79→ Common Stock (4,286.67 underlying) - Discretionary Transaction
Common Stock of 50 cent Par Value
2004-04-20$35.79/sh−32,783.65$1,173,327→ 0 total(indirect: By Trust)
Holdings
- 11,418
Common Stock of 50 cent Par Value
- 123.183(indirect: By Trust)
ESOP Convertible Preferred Stock
→ Common Stock (123.183 underlying) - 400,750
Option/Right to Buy/Grant
→ Common Stock (400,750 underlying)
Footnotes (3)
- [F1]Equivalent shares based on units of JCPenney stock held by trustee of 401(k) plan, and assigned to my account, as of March 31, 2004, pursuant to plan. Differences in totals reported since last Form 4 or Form 5 represent units acquired by trustee since then in the ordinary course of plan's administration and reflects adjustments made to all equivalent shares in plan, divided among accounts of all participants in plan, all exempt under Rule 16b-3. Preferred Stock convertible on a 20-for-one basis into JCPenney Common Stock.
- [F2]Equivalent shares based on units credited under the Company's Mirror Savings Plan I, II, and III.
- [F3]Price and Expiration Dates vary based on date of options award