Unassociated Document

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
 
(Amendment No. 3)*
J.C. Penney Company, Inc.

(Name of Issuer)
 
Common Stock, par value $0.50 per share

(Title of Class of Securities)
 
708160106

(CUSIP Number)
 
Joseph Macnow
Executive Vice President - Finance and
Administration and Chief Financial Officer
Vornado Realty Trust
888 Seventh Avenue
New York, New York 10019
(212) 894-7000

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 

 
With a copy to:
Daniel S. Sternberg
Neil Whoriskey
Cleary Gottlieb Steen & Hamilton LLP
One Liberty Plaza
New York, New York 10006
(212) 225-2000
 
February 9, 2011

(Date of Event Which Requires Filing of this Statement)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: o
 
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.
 
 
 

 
 
 
 
 
 
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 

 
 
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This Amendment No. 3 (this “Amendment”) amends and supplements the Schedule 13D filed by Vornado Realty Trust, a Maryland real estate investment trust (“Vornado”), Vornado Realty L.P., a Delaware limited partnership, VNO Fashion LLC, a Delaware limited liability company and VSPS I L.L.C., a Delaware limited liability company, with the Securities and Exchange Commission on October 8, 2010 (the “Schedule 13D”) and amended on November 10, 2010 and January 25, 2011, relating to the common stock, par value $.50 per share, of J.C. Penney Company, Inc., a Delaware corporation (the “Issuer”).  All capitalized terms used in this Amendment and not otherwise defined herein have the meanings ascribed to such terms in the Schedule 13D.
 
Item 4 is hereby amended and supplemented to add the following:
 

 
Item 4.                         Purpose of the Transaction.
 
On February 9, 2011, the board of directors of the Issuer (the “Board”) elected Steven Roth to the Board.  Mr. Roth is the chairman of the board of Vornado.
 
 
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SIGNATURE
 
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
 
Dated:  February 9, 2011
 
 
 
VORNADO REALTY TRUST
 
By:
   /s/ JOSEPH MACNOW                                    
   
Name:
Joseph Macnow
   
Title:
Executive Vice President - Finance and Administration,
Chief Financial Officer
       
 
VORNADO REALTY L.P.
 
By:
Vornado Realty Trust,
its general partner
       
    By:
   /s/ JOSEPH MACNOW                      
     
Name: Joseph Macnow
     
Title:   Executive Vice President - Finance and Administration,
            Chief Financial Officer
       
 
VNO FASHION LLC
 
By:
Vornado Realty L.P.,
Its sole member
       
   
By:
  /s/ JOSEPH MACNOW                      
     
Name: Alan Rice
     
Title:   Executive Vice President -  Finance and Administration,
            Chief Financial Officer
       
 
VSPS I L.L.C.
 
By:
Vornado Realty L.P.,
Its sole member
   
By:
Vornado Realty Trust,
its general partner
       
      By:     /s/ JOSEPH MACNOW                      
     
Name: Alan Rice
     
Title:   Executive Vice President - Finance and Administration,
                    Chief Financial Officer

 
 

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