SEC Form 4 · accession 0001127602-16-049911
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
Apr 22, 2016
Accepted (ET)
Apr 26, 2016 · 4:49 pm EDT
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 - Retirement Restoration PlanF1,F2,F3 | — | Apr 22, 2016 | I | 45,929 | D | — | — | Common Stock | 45,929 | 0 | D |
| Phantom Stock Units - Restricted Stock PlanF5,F1,F4 | $0.00 | Apr 22, 2016 | I | 150,000 | D | — | — | Common Stock | 150,000 | 316,949 | D |
Explanation of responses
- F1Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock.
- F2The phantom stock units were accrued under the Johnson Controls Retirement Restoration Plan and are to be settled 100% in cash upon the reporting person's termination of employment with the company.
- F3Includes 3,128.518 phantom units acquired via dividend reinvestment from 2013 through 2016.
- F4The phantom stock units accrue under the Johnson Controls Restricted Stock Plan. The balance includes phantom stock and dividend equivalent units that settle 100% in cash.
- F5Includes 6,925.667 phantom units acquired via dividend reinvestment on January 5 and April 4, 2016 at $32.20 and $38.76 per unit, respectively.