SEC Form 4 · accession 0001127602-16-061982
JOHNSON CONTROLS INC · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grady L Crosby
Officer — VP Pub Affairs, Chief Div Ofcr
Period of report
Sep 2, 2016
Accepted (ET)
Sep 6, 2016 · 7:40 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,F2 | Sep 2, 2016 | D | 10,932 | — | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $27.85 | Sep 2, 2016 | D | 10,200 | D | Oct 5, 2014 | Oct 5, 2022 | Common Stock | 10,200 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $28.54 | Sep 2, 2016 | D | 3,400 | D | Oct 7, 2013 | Oct 7, 2021 | Common Stock | 3,400 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F4 | $50.23 | Sep 2, 2016 | D | 4,375 | D | Nov 18, 2016 | Nov 18, 2024 | Common Stock | 4,375 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F4 | $43.86 | Sep 2, 2016 | D | 5,323 | D | Oct 7, 2017 | Oct 7, 2025 | Common Stock | 5,323 | 0 | D |
Explanation of responses
- F1The balance includes 49.36 shares acquired via the issuer's dividend reinvestment and common stock purchase plan since the reporting person's last filing. The acquisitions are exempt from Section 16. The balance also includes 326.55 shares acquired via dividend reinvestment on October 2, 2015, January 5, April 4, July 5, and August 19, 2016 at prices ranging from $38.58 to $45.03 per share.
- F2Each share of Johnson Controls, Inc. ("Johnson Controls") was converted into 0.8357 ordinary shares of Johnson Controls International plc (formerly Tyco International plc) ("JCI plc") and $5.7293 in cash in connection with the closing of the merger between Johnson Controls and JCI plc (the "merger").
- F3The options were converted into an equivalent number of options with respect to JCI plc at the same exercise price in connection with the closing of the merger.
- F4Fifty percent of the options become exercisable two years after grant date; the remaining 50%, three years after grant date.