Marc Vandiepenbeeck - 02 Dec 2024 Form 4 Insider Report for Johnson Controls International plc (JCI)

Role
EVP and CFO
Signature
/s/ Leanne Michels, attorney-in-fact
Issuer symbol
JCI
Transactions as of
02 Dec 2024
Net transactions value
-$15,557
Form type
4
Filing time
04 Dec 2024, 17:01:26 UTC
Previous filing
20 Nov 2024
Next filing
09 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JCI Ordinary Shares Award $0 +9,860 +12% $0.000000 93,213 02 Dec 2024 Direct F1
transaction JCI Ordinary Shares Sale $15,557 -186 -0.2% $83.64 93,027 03 Dec 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JCI Employee Stock Option (Right to Buy) Award $0 +33,482 $0.000000 33,482 02 Dec 2024 Ordinary Shares 33,482 $83.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reflects grant of restricted share units that, subject to certain acceleration and forfeiture provisions, vest in three equal installments on each of the first, second and third anniversary of the grant date. Restricted share units accrue dividend equivalent units and convert to ordinary shares upon vesting.
F2 Transaction effected pursuant to a Rule 10b5-1 trading plan adopted on August 8, 2023.
F3 Subject to certain acceleration and forfeiture provisions, fifty percent of the options become exercisable on the second anniversary of the grant and the remaining fifty percent become exercisable on the third anniversary of the grant.