SEC Form 4 · accession 0001127602-15-031952
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
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 2:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000053669
Table I — non-derivative securities
No Table I lines on this filing.
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 PlanF2,F4,F1,F3 | $0.00 | Nov 17, 2015 | A | 87,383 | A | — | — | Common Stock | 87,383 | 455,027 | D |
Explanation of responses
- F1Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock.
- F2Represents performance share units for the three-year performance period ended September 30, 2015. The Compensation Committee certified the performance results on November 17, 2015. Vesting and receipt of the related shares is deferred to a future date.
- F3The phantom stock units accrue under the Johnson Controls Executive Deferred Compensation Plan, and settle 100% in cash upon the reporting person's termination or retirement. The reporting person may transfer the value of the phantom stock units into an alternative investment account within the plan.
- F4The balance includes 631.871 units acquired via automatic dividend reinvestment on October 2, 2015.