Peter Fasolo - Feb 14, 2022 Form 4 Insider Report for JOHNSON & JOHNSON (JNJ)

Role: Exec VP, Chief HR Officer
Signature: Raavi K. Deol, as attorney-in-fact for Peter Fasolo
Stock symbol: JNJ
Transactions as of: Feb 14, 2022
Transactions value $: $6,327,376
Form type: 4
Date filed: 2/17/2022, 05:00 AM
Previous filing: Oct 28, 2021
Next filing: Jun 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JNJ	Common Stock	Options Exercise	$0	+11.2K	+10.39%	$0.00	118K	Feb 14, 2022	Direct	F1
transaction	JNJ	Common Stock	Tax liability	-$848K	-5.11K	-4.27%	$165.89	115K	Feb 14, 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	$7.18M	+43.3K		$165.89	43.3K	Feb 14, 2022	Common Stock	43.3K		Direct	F3
transaction	JNJ	Restricted Share Units	Award	$0	+2.19K		$0.00	2.19K	Feb 14, 2022	Common Stock	2.19K		Direct	F4
transaction	JNJ	Performance Share Units	Options Exercise	$0	-11.2K	-91.3%	$0.00	1.06K	Feb 15, 2022	Common Stock	11.2K	$0.00	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.