SEC Form 4 · accession 0001127602-16-061986
JOHNSON CONTROLS INC · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Trent M Nevill
Officer — VP, President, Asia Pacific
Period of report
Sep 2, 2016
Accepted (ET)
Sep 6, 2016 · 7:53 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,F3 | Sep 2, 2016 | D | 10,656 | — | D | 0 | D | |
| Common StockF3 | Sep 2, 2016 | D | 7,963 | — | D | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $27.85 | Sep 2, 2016 | D | 12,900 | D | Oct 5, 2014 | Oct 5, 2022 | Common Stock | 12,900 | 0 | D |
| Employee Stock Option (Right to Buy)F4,F5 | $50.23 | Sep 2, 2016 | D | 9,652 | D | Nov 18, 2016 | Nov 18, 2024 | Common Stock | 9,652 | 0 | D |
| Employee Stock Option (Right to Buy)F4,F5 | $43.86 | Sep 2, 2016 | D | 11,406 | D | Oct 7, 2017 | Oct 7, 2025 | Common Stock | 11,406 | 0 | D |
| Employee Stock Option (Right to Buy)F4,F5 | $37.66 | Sep 2, 2016 | D | 4,427 | D | Oct 7, 2017 | Mar 15, 2026 | Common Stock | 4,427 | 0 | D |
| Phantom Stock Units - Restricted Stock PlanF6,F7,F8 | — | Sep 2, 2016 | D | 13,922 | D | — | — | Common Stock | 13,922 | 0 | D |
Explanation of responses
- F1Includes 64.016 shares acquired via dividend reinvestment on April 4, July 5 and August 19, 2016 at prices ranging from $38.76 to $45.03 per share.
- F2The balance includes unvested restricted stock units and dividend equivalents that were converted into an equivalent number of restricted stock units in Johnson Controls International plc (formerly Tyco International plc) ("JCI plc") in connection with the closing of the merger between Johnson Controls, Inc. ("Johnson Controls") and JCI plc (the "merger").
- F3Each share of Johnson Controls was converted into 0.8357 ordinary shares of JCI plc and $5.7293 in cash in connection with the closing of the merger.
- F4The 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.
- F5Fifty percent of the options become exercisable two years after the grant date; the remaining 50%, three years after grant date.
- F6Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock.
- F7The 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.
- F8Includes 212.868 units acquired via dividend reinvestment on April 4, July 5 and August 19, 2016 at prices ranging from $38.76 to $45.03 per unit.