Peter Fasolo - 14 Feb 2022 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Role: Exec VP, Chief HR Officer
Signature: Raavi K. Deol, as attorney-in-fact for Peter Fasolo
Issuer symbol: JNJ
Transactions as of: 14 Feb 2022
Net transactions value: +$6,327,376
Form type: 4
Filing time: 17 Feb 2022, 05:00:44 UTC
Previous filing: 28 Oct 2021
Next filing: 06 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JNJ	Common Stock	Options Exercise	$0	+11,154	+10%	$0.000000	118,497	14 Feb 2022	Direct	F1
transaction	JNJ	Common Stock	Tax liability	$848,361	-5,114	-4.3%	$165.89	114,676	14 Feb 2022	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	JNJ	Employee Stock Options (Right to Buy)	Award	$7,175,738	+43,256		$165.89	43,256	14 Feb 2022	Common Stock	43,256		Direct	F3
transaction	JNJ	Restricted Share Units	Award	$0	+2,190		$0.000000	2,190	14 Feb 2022	Common Stock	2,190		Direct	F4
transaction	JNJ	Performance Share Units	Options Exercise	$0	-11,154	-91%	$0.000000	1,063	15 Feb 2022	Common Stock	11,154	$0.000000	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Performance Share Units awarded under Issuer's Long-Term Incentive Plan on February 11, 2019; converted into shares of Common Stock upon vesting.
F2	Shares withheld for payment of taxes upon vesting of Performance Share Units.
F3	Awarded under Issuer's Long-Term Incentive Plan.
F4	Awarded under Issuer's Long-Term Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.
F5	Performance Share Units awarded under Issuer's Long-Term Incentive Plan on February 11, 2019. A portion of these Performance Share Units have been forfeited.