SEC Form 4 · accession 0001127602-16-060960
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
Aug 19, 2016
Accepted (ET)
Aug 23, 2016 · 5:27 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 | Apr 27, 2016 | G | 3,000 | $0.00 | D | 100,766 | D | |
| Common Stock | Jul 26, 2016 | G | 2,600 | $0.00 | D | 98,166 | D | |
| Common StockF1 | Aug 23, 2016 | S | 98,166 | $44.95 | D | 0 | D | |
| Common StockF2 | Aug 19, 2016 | I | 118 | $45.03 | D | 17,946 | 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 - Long Term Incentive PlanF3,F4,F5 | — | Aug 19, 2016 | I | 78,990 | D | — | — | Common Stock | 78,990 | 0 | D |
| Phantom Stock Units - Restricted Stock PlanF8,F3,F6,F7 | $0.00 | Aug 19, 2016 | I | 72,044 | D | — | — | Common Stock | 72,044 | 249,108 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.83 to $45.12, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 of this Form 4.
- F2The number of underlying securities is based on the stock fund balance on August 19, 2016. 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 August 19, 2016 stock fund price of $45.03 per share.
- F3Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock.
- 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 3,449.712 units acquired via dividend reinvestment on April 2, July 2 and October 2, 2015; January 5, April 4, July 5 and August 19, 2016, at prices ranging from $32.20 to 50.16 per 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 942.878 units acquired via dividend reinvestment on July 5 and August 19, 2016 at $42.79 and $45.03 per unit, respectively.
- F8Includes 3,260.21 units acquired via dividend reinvestment on July 5 and August 19, 2016 at $42.79 and $45.03 per unit, respectively.