SEC Form 4 · accession 0001127602-15-028910
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
Oct 7, 2015
Accepted (ET)
Oct 8, 2015 · 5:25 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 Stock | Oct 7, 2015 | M | 6,130 | $43.86 | A | 112,921 | D | |
| Common Stock | Oct 7, 2015 | D | 6,130 | $43.86 | D | 106,791 | D | |
| Common StockF1 | holding | — | — | — | 17,593 | 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 - Restricted Stock PlanF4,F2,F3 | $0.00 | Oct 7, 2015 | M | 6,130 | D | — | — | Common Stock | 6,130 | 241,614 | D |
| Phantom Stock Units - Restricted Stock PlanF2,F3 | $0.00 | Oct 7, 2015 | A | 31,349 | A | — | — | Common Stock | 31,349 | 272,963 | D |
| Phantom Stock Units - Restricted Stock PlanF2,F3 | $0.00 | Oct 7, 2015 | A | 94,049 | A | — | — | Common Stock | 94,049 | 367,012 | D |
| Employee Stock Option (Right to Buy)F5 | $43.86 | Oct 7, 2015 | A | 104,562 | A | Oct 7, 2017 | Oct 7, 2025 | Common Stock | 104,562 | 104,562 | D |
| Employee Stock Option (Right to Buy) | $40.21 | holding | — | — | — | Oct 1, 2009 | Oct 1, 2017 | Common Stock | 47,248 | 47,248 | D |
| Employee Stock Option (Right to Buy) | $28.79 | holding | — | — | — | Oct 1, 2010 | Oct 1, 2018 | Common Stock | 160,000 | 160,000 | D |
| Employee Stock Option (Right to Buy) | $24.87 | holding | — | — | — | Oct 1, 2011 | Oct 1, 2019 | Common Stock | 170,000 | 170,000 | D |
| Employee Stock Option (Right to Buy) | $30.54 | holding | — | — | — | Oct 1, 2012 | Oct 1, 2020 | Common Stock | 150,000 | 150,000 | D |
| Employee Stock Option (Right to Buy) | $28.54 | holding | — | — | — | Oct 7, 2013 | Oct 7, 2021 | Common Stock | 140,000 | 140,000 | D |
| Employee Stock Option (Right to Buy) | $27.85 | holding | — | — | — | Oct 5, 2014 | Oct 5, 2022 | Common Stock | 74,800 | 74,800 | D |
| Employee Stock Option (Right to Buy)F5 | $48.37 | holding | — | — | — | Nov 19, 2015 | Nov 19, 2023 | Common Stock | 49,319 | 49,319 | D |
| Employee Stock Option (Right to Buy)F5 | $50.23 | holding | — | — | — | Nov 18, 2016 | Nov 18, 2024 | Common Stock | 80,437 | 80,437 | D |
Explanation of responses
- F1The number of underlying securities is based on the stock fund balance on October 6, 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 October 6, 2015 stock fund price of $43.05 per share.
- 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 and settle 100% in cash upon the reporting person's termination or retirement, subject to vesting requirements.
- F4The balance includes 3442.125 phantom stock units acquired via dividend reinvestment on January 5, April 2, July 2, and October 2, 2015 at prices ranging from $42.33 to $50.16 per unit.
- F5Fifty percent of the options become exercisable two years after the grant date; the remaining 50%, three years after grant date.