SEC Form 4 · accession 0001127602-16-062004
JOHNSON CONTROLS INC · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Goodman
Director
Period of report
Sep 2, 2016
Accepted (ET)
Sep 6, 2016 · 8:58 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 | Sep 2, 2016 | D | 4,507 | — | D | 0 | D | |
| Common StockF2 | Sep 2, 2016 | M | 35,759 | — | A | 35,759 | D | |
| Common Stock | Sep 2, 2016 | D | 35,759 | $48.90 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock Units / Directors' Deferred Compensation PlanF2,F3,F4 | — | Sep 2, 2016 | M | 35,759 | D | — | — | Common Stock | 35,759 | 0 | D |
Explanation of responses
- F1Each 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").
- F2The phantom stock units accrued under the Johnson Controls Directors' Deferred Compensation Plan and were settled 100% in cash in connection with the merger.
- F3Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock.
- F4Includes 730.085 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.