Joaquin Duato - Jan 14, 2022 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Role: CEO, Director
Signature: Raavi K. Deol, as attorney-in-fact for Joaquin Duato
Stock symbol: JNJ
Transactions as of: Jan 14, 2022
Transactions value $: -$3,608,072
Form type: 4
Date filed: 1/19/2022, 07:54 PM
Next filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JNJ	Common Stock	Options Exercise	$5.52M	+84.4K	+43.06%	$65.37	280K	Jan 14, 2022	Direct	F1
transaction	JNJ	Common Stock	Tax liability	-$9.13M	-54.4K	-19.39%	$167.84	226K	Jan 14, 2022	Direct	F2
holding	JNJ	Common Stock						777	Jan 14, 2022	By 401k	F3

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	JNJ	Employee Stock Options (Right to Buy)	Options Exercise	$0	-84.4K	-100%	$0.00^*	0	Jan 14, 2022	Common Stock	84.4K	$65.37	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the auto-exercise of options immediately prior to their expiration.
F2	Shares withheld for payment of the exercise price and taxes in connection with the exercise of the options reported herein.
F3	Includes shares accrued due to dividend reinvestment in the Johnson & Johnson Stock Fund under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (12/31/2021).