SEC Form 4 · accession 0001127602-16-062047
JOHNSON CONTROLS INC · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey M Williams
Officer — VP, Enterprise Ops & Enginrg
Period of report
Sep 2, 2016
Accepted (ET)
Sep 7, 2016 · 12:43 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 | Sep 2, 2016 | F | 1,542 | $45.45 | D | 98,880 | D | |
| Common Stock | Sep 2, 2016 | F | 12,500 | $45.45 | D | 86,380 | D | |
| Common Stock | Sep 2, 2016 | M | 297 | $0.00 | A | 86,676 | D | |
| Common Stock | Sep 2, 2016 | M | 3,233 | $0.00 | A | 89,909 | D | |
| Common Stock | Sep 2, 2016 | D | 3,529 | $45.45 | D | 86,380 | D | |
| Common StockF1,F2,F3 | Sep 2, 2016 | D | 86,380 | — | 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)F4 | $40.21 | Sep 2, 2016 | D | 36,000 | D | Oct 1, 2009 | Oct 1, 2017 | Common Stock | 36,000 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $28.79 | Sep 2, 2016 | D | 24,000 | D | Oct 1, 2010 | Oct 1, 2018 | Common Stock | 24,000 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $30.54 | Sep 2, 2016 | D | 35,000 | D | Oct 1, 2012 | Oct 1, 2020 | Common Stock | 35,000 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $28.54 | Sep 2, 2016 | D | 28,500 | D | Oct 7, 2013 | Oct 7, 2021 | Common Stock | 28,500 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $27.85 | Sep 2, 2016 | D | 36,700 | D | Oct 5, 2014 | Oct 5, 2022 | Common Stock | 36,700 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $48.37 | Sep 2, 2016 | D | 17,687 | D | Nov 19, 2015 | Nov 19, 2023 | Common Stock | 17,687 | 0 | D |
| Employee Stock Option (Right to Buy)F4,F5 | $46.31 | Sep 2, 2016 | D | 5,931 | D | Jan 5, 2017 | Jan 5, 2025 | Common Stock | 5,931 | 0 | D |
| Employee Stock Option (Right to Buy)F4,F5 | $50.23 | Sep 2, 2016 | D | 19,305 | D | Nov 18, 2016 | Nov 18, 2024 | Common Stock | 19,305 | 0 | D |
| Employee Stock Option (Right to Buy)F4,F5 | $43.86 | Sep 2, 2016 | D | 30,722 | D | Oct 7, 2017 | Oct 7, 2025 | Common Stock | 30,722 | 0 | D |
| Phantom Stock Units - Restricted Stock PlanF6,F7 | — | Sep 2, 2016 | M | 297 | D | — | — | Common Stock | 297 | 3,233 | D |
| Phantom Stock Units - Restricted Stock PlanF6,F7,F8 | — | Sep 2, 2016 | M | 3,233 | D | — | — | Common Stock | 3,233 | 0 | D |
Explanation of responses
- F1Includes 1,521.29 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.
- 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 stock options vest after two years, and the remaining fifty percent vest after three years.
- 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 1,069.65 units acquired via dividend reinvestment on January 5, April 4, July 5 and August 19, 2016 at prices ranging from $38.58 to $45.03 per unit.