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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 6/15/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1166126 |
| Issuer Name: J C PENNEY CO INC |
| Issuer Trading Symbol: JCP |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1596941 |
| | Owner Name: Ginsberg Amanda |
| Reporting Owner Address: |
| | Owner Street 1: C/O J. C. PENNEY COMPANY, INC. |
| | Owner Street 2: 6501 LEGACY DRIVE |
| | Owner City: PLANO |
| | Owner State: TX |
| | Owner ZIP Code: 75024 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock of 50 cents Par Value |
| | Transaction Date: |
| | | Value: 6/15/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 94,241 |
| | | Transaction Price Per Share: |
| Value: .339 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 204,763 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Footnotes: |
| Footnote - F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.33 to $0.34, inclusive. The reporting person undertakes to provide any security holder of J. C. Penney Company, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote to this Form 4. |
| Remarks: *** Under continuing POA as filed with the S.E.C. |
| Owner Signature: |
| Signature Name: *** /s/ Brandy L. Treadway, attorney in fact |
| Signature Date: 6/16/20 |
