Joseph J. Wolk - 14 Feb 2022 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Role
Exec VP, CFO
Signature
Raavi K. Deol, as attorney-in-fact for Joseph J. Wolk
Issuer symbol
JNJ
Transactions as of
14 Feb 2022
Net transactions value
+$11,937,610
Form type
4
Filing time
17 Feb 2022, 05:01:10 UTC
Next filing
15 Dec 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 +17,793 +70% $0.000000 43,177 15 Feb 2022 Direct F1
transaction JNJ Common Stock Tax liability $1,214,149 -7,319 -17% $165.89 35,858 15 Feb 2022 Direct F2
holding JNJ Common Stock 1,938 14 Feb 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) Award $13,151,759 +79,280 $165.89 79,280 14 Feb 2022 Common Stock 79,280 Direct F4
transaction JNJ Restricted Share Units Award $0 +4,014 $0.000000 4,014 14 Feb 2022 Common Stock 4,014 Direct F5
transaction JNJ Performance Share Units Options Exercise $0 -17,793 -91% $0.000000 1,695 15 Feb 2022 Common Stock 17,793 Direct F6
* 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 Awarded under Issuer's Long-Term Incentive Plan.
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.
F6 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.