SEC Form 4 · accession 0001127602-15-010022
JOHNSON CONTROLS INC · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Bruce McDonald
Officer — Exec VP & Vice Chairman
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 3:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000053669
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 20, 2014 | G | 2,100 | $0.00 | D | 108,741 | D | |
| Common Stock | Mar 2, 2015 | I | 3,198 | $51.90 | A | 111,939 | D | |
| Common Stock | Mar 2, 2015 | I | 50,000 | $51.90 | A | 161,939 | D | |
| Common Stock | Mar 2, 2015 | I | 50,000 | $51.90 | A | 211,939 | D | |
| Common Stock | Mar 2, 2015 | S | 103,198 | $51.90 | D | 108,741 | D | |
| Common StockF1 | holding | — | — | — | 17,182 | I | By 401(k) Plan Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock Units - Annual Incentive PlanF2,F3 | — | Mar 2, 2015 | I | 3,198 | D | — | — | Common Stock | 3,198 | 0 | D |
| Phantom Stock Units - Long Term Incentive PlanF5,F2,F4 | — | Mar 2, 2015 | I | 50,000 | D | — | — | Common Stock | 50,000 | 75,540 | D |
| Phantom Stock Units - Restricted Stock PlanF7,F2,F6 | $0.00 | Mar 2, 2015 | I | 50,000 | D | — | — | Common Stock | 50,000 | 244,302 | D |
Explanation of responses
- F1The number of underlying securities is based on the stock fund balance on March 3, 2015. The actual number of shares issuable upon the distribution date is not determinable since the stock fund is a unitized account consisting of 96% company stock and 4% money market fund. The stock account balance reflected in this report is based on an March 3, 2015, stock fund price of $51.45 per unit.
- F2Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock.
- F3The phantom stock units were accrued under the Johnson Controls Annual Incentive Plan and are to be settled 100% in cash upon the reporting person's retirement.
- F4The phantom stock units were accrued under the Johnson Controls Long-Term Incentive Plan and are to be settled 100% in cash upon the reporting person's retirement.
- F5Includes 2,893.878 phantom stock units acquired via dividend reinvestment on January 4, April 2, July 2 and October 2, 2014 and January 5, 2015 at prices ranging from $44.68 to $50.92 per phantom stock unit.
- F6The phantom stock units accrue under the Johnson Controls Restricted Stock Plan. The balance includes dividend equivalent units that settle 100% in cash and relate to restricted stock awards.
- F7Includes 1,643.083 phantom stock units acquired via dividend reinvestment on January 5, 2015 at $46.61 per phantom stock unit.