Jennifer L. Taubert - Feb 8, 2024 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Role
EVP, WW Chair, Pharmaceuticals
Signature
/s/ Raavi K. Deol, as attorney-in-fact for Jennifer Taubert
Stock symbol
JNJ
Transactions as of
Feb 8, 2024
Transactions value $
-$4,209,164
Form type
4
Date filed
2/12/2024, 07:25 PM
Previous filing
Jan 3, 2024
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNJ Common Stock Options Exercise $0 +3.74K +2.68% $0.00 143K Feb 8, 2024 Direct F1
transaction JNJ Common Stock Tax liability -$299K -1.91K -1.33% $156.33 141K Feb 8, 2024 Direct F2
transaction JNJ Common Stock Options Exercise $5.37M +59.4K +42% $90.44 201K Feb 9, 2024 Direct
transaction JNJ Common Stock Sale -$9.28M -59.4K -29.58% $156.27 141K Feb 9, 2024 Direct 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 Restricted Share Units Options Exercise $0 -3.74K -100% $0.00* 0 Feb 8, 2024 Common Stock 3.74K Direct F1
transaction JNJ Employee Stock Options (Right to Buy) Options Exercise $0 -59.4K -100% $0.00* 0 Feb 9, 2024 Common Stock 59.4K $90.44 Direct
* 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 This transaction was executed in multiple trades at prices ranging from $156.180 to $156.360. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.