Joaquin Duato - Feb 12, 2024 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Role
CEO and Chairman of the Board, Director
Signature
/s/ Raavi K. Deol, as attorney-in-fact for Joaquin Duato
Stock symbol
JNJ
Transactions as of
Feb 12, 2024
Transactions value $
-$2,502,660
Form type
4
Date filed
2/14/2024, 06:36 PM
Previous filing
Feb 13, 2024
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JNJ Common Stock Options Exercise $0 +31.4K +9.2% $0.00 372K Feb 12, 2024 Direct F1
transaction JNJ Common Stock Options Exercise $0 +5.27K +1.42% $0.00 377K Feb 12, 2024 Direct F2
transaction JNJ Common Stock Tax liability -$2.5M -15.9K -4.21% $157.40 361K Feb 12, 2024 Direct F3
holding JNJ Common Stock 883 Feb 12, 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 Performance Share Units Options Exercise $0 -31.4K -100% $0.00* 0 Feb 12, 2024 Common Stock 31.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Awarded under Issuer's Long-Term Incentive Plan. Performance Share Units awarded on February 8, 2021; converted into shares of Common Stock upon vesting of Performance Share Units and certification of performance results by the Board on February 12, 2024.
F2 Shares earned due to performance factor of 116.8% upon certification of performance results by the Board.
F3 Shares withheld for payment of taxes upon vesting of Performance Share Units and certification of performance results by the Board.
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).