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

Signature
Raavi K. Deol, as attorney-in-fact for Joaquin Duato
Issuer symbol
JNJ
Transactions as of
14 Feb 2022
Net transactions value
+$14,417,334
Form type
4
Filing time
17 Feb 2022, 05:00:43 UTC
Previous filing
19 Jan 2022
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNJ Common Stock Options Exercise $0 +29,714 +13% $0.000000 258,879 15 Feb 2022 Direct F1
transaction JNJ Common Stock Tax liability $2,140,313 -12,902 -5% $165.89 245,977 15 Feb 2022 Direct F2
holding JNJ Common Stock 784 14 Feb 2022 By 401k

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 $16,557,647 +99,811 $165.89 99,811 14 Feb 2022 Common Stock 99,811 Direct F3
transaction JNJ Performance Share Units Options Exercise $0 -29,714 -91% $0.000000 2,832 14 Feb 2022 Common Stock 29,714 $0.000000 Direct F4
transaction JNJ Restricted Share Units Award $0 +5,053 $0.000000 5,053 14 Feb 2022 Common Stock 5,053 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 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.
F5 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.