Jennifer L. Taubert - 14 Feb 2022 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Signature
Raavi K. Deol, as attorney-in-fact for Jennifer L. Taubert
Issuer symbol
JNJ
Transactions as of
14 Feb 2022
Net transactions value
+$11,813,690
Form type
4
Filing time
17 Feb 2022, 05:01:16 UTC
Next filing
07 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNJ Common Stock Options Exercise $0 +18,064 +15% $0.000000 135,297 15 Feb 2022 Direct F1
transaction JNJ Common Stock Tax liability $1,466,633 -8,841 -6.5% $165.89 126,456 15 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 $13,280,324 +80,055 $165.89 80,055 14 Feb 2022 Common Stock 80,055 Direct F3
transaction JNJ Restricted Share Units Award $0 +4,053 $0.000000 4,053 14 Feb 2022 Common Stock 4,053 Direct F4
transaction JNJ Performance Share Units Options Exercise $0 -18,064 -91% $0.000000 1,721 15 Feb 2022 Common Stock 18,064 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.