Joseph J. Wolk - 08 Feb 2024 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Signature
/s/ Raavi K. Deol, as attorney-in-fact for Joseph J. Wolk
Issuer symbol
JNJ
Transactions as of
08 Feb 2024
Net transactions value
-$163,678
Form type
4
Filing time
12 Feb 2024, 19:25:10 UTC
Previous filing
25 Aug 2023
Next filing
14 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNJ Common Stock Options Exercise $0 +3,686 +7.3% $0.000000 53,911 08 Feb 2024 Direct F1
transaction JNJ Common Stock Tax liability $163,678 -1,047 -1.9% $156.33 52,864 08 Feb 2024 Direct F2, F3
holding JNJ Common Stock 2,048 08 Feb 2024 By 401k 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 Restricted Share Units Options Exercise $0 -3,686 -100% $0.000000* 0 08 Feb 2024 Common Stock 3,686 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Share Units awarded under Long-Term Incentive Plan on February 8, 2021 with a three year vesting period. The Restricted Share Units converted into shares of Common Stock on a one-for-one basis upon vesting.
F2 Shares withheld for payment of taxes upon vesting of Restricted Share Units.
F3 Reflects an adjustment to the total number of shares previously reported by the reporting person after a reconciliation of such person's ownership records.
F4 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 (1/31/2024).