Alex Gorsky - 14 Feb 2022 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Role: Director
Signature: Raavi K. Deol, as attorney-in-fact for Alex Gorsky
Issuer symbol: JNJ
Transactions as of: 14 Feb 2022
Net transactions value: +$31,808,246
Form type: 4
Filing time: 17 Feb 2022, 05:00:48 UTC
Previous filing: 03 Feb 2022
Next filing: 08 Mar 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	+60,965	+11%	$0.000000	611,919	15 Feb 2022	Direct	F1
transaction	JNJ	Common Stock	Tax liability	$4,391,440	-26,472	-4.3%	$165.89	585,447	15 Feb 2022	Direct	F2
holding	JNJ	Common Stock						634	14 Feb 2022	By 401k	F3
holding	JNJ	Common Stock						1,074	14 Feb 2022	By ESOP	F4

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	$36,199,686	+218,215		$165.89	218,215	14 Feb 2022	Common Stock	218,215		Direct	F5
transaction	JNJ	Restricted Share Units	Award	$0	+11,047		$0.000000	11,047	14 Feb 2022	Common Stock	11,047		Direct	F6
transaction	JNJ	Performance Share Units	Options Exercise	$0	-60,965	-91%	$0.000000	5,809	15 Feb 2022	Common Stock	60,965	$0.000000	Direct	F7

* 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	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 (1/31/2022).
F4	Shares held by ESOP under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (1/31/2022).
F5	Awarded under Issuer's Long-Term Incentive Plan.
F6	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.
F7	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.