SEC Form 4 · accession 0001127602-15-028873
JOHNSON CONTROLS INC · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Bartschat
Officer — VP & Chief Procurement Officer
Period of report
Oct 7, 2015
Accepted (ET)
Oct 8, 2015 · 4:25 pm EDT
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 StockF1 | Oct 7, 2015 | F | 444 | $43.86 | D | 11,892 | D | |
| Common Stock | Oct 7, 2015 | M | 117 | $43.86 | A | 12,009 | D | |
| Common Stock | Oct 7, 2015 | D | 117 | $43.86 | D | 11,892 | D | |
| Common Stock | Oct 7, 2015 | A | 3,488 | $0.00 | A | 15,380 | D | |
| Common Stock | Oct 7, 2015 | A | 10,465 | $0.00 | A | 25,845 | D | |
| Common Stock | holding | — | — | — | 5,942 | I | By Spouse as 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 - Restricted Stock PlanF5,F2,F3,F4 | — | Oct 7, 2015 | M | 117 | D | — | — | Common Stock | 117 | 153 | D |
| Employee Stock Option (Right to Buy)F6 | $43.86 | Oct 7, 2015 | A | 11,634 | A | Oct 7, 2017 | Oct 7, 2025 | Common Stock | 11,634 | 11,634 | D |
| Employee Stock Option (Right to Buy)F6 | $50.23 | holding | — | — | — | Nov 18, 2016 | Nov 18, 2024 | Common Stock | 9,652 | 9,652 | D |
| Employee Stock Option (Right to Buy) | $28.54 | holding | — | — | — | Oct 7, 2013 | Oct 7, 2021 | Common Stock | 6,250 | 6,250 | D |
| Employee Stock Option (Right to Buy) | $27.85 | holding | — | — | — | Oct 5, 2014 | Oct 5, 2022 | Common Stock | 10,750 | 10,750 | D |
| Employee Stock Option (Right to Buy)F6 | $48.37 | holding | — | — | — | Nov 19, 2015 | Nov 19, 2023 | Common Stock | 11,428 | 11,428 | D |
Explanation of responses
- F1The balance includes 34.672 shares acquired via dividend reinvestment on July 2, 2015 at $49.44 per unit.
- F2Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock.
- F3The 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.
- F4The phantom stock units accrue under the Johnson Controls Restricted Stock Plan and settle 100% in cash upon the reporting person's termination or retirement, subject to vesting requirements.
- F5The balance includes 86.916 units acquired via dividend reinvestment on July 2, 2015 at $49.44 per unit.
- F6Fifty percent of the options become exercisable two years after the grant date; the remaining 50%, three years after the grant date.