SEC Form 4 · accession 0001127602-16-062424
Johnson Controls International plc · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon Davis
Officer — VP & Chief Human Resources Ofc
Period of report
Sep 8, 2016
Accepted (ET)
Sep 12, 2016 · 6:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000833444
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Sep 8, 2016 | A | 6,528 | $0.00 | A | 37,921 | D | |
| Ordinary SharesF1 | Sep 8, 2016 | A | 15,670 | $0.00 | A | 53,591 | D | |
| Ordinary SharesF2 | holding | — | — | — | 418 | I | By 401k 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 - Restricted Stock PlanF3,F4 | $0.00 | Sep 8, 2016 | A | 6,529 | A | — | — | Ordinary Shares | 6,529 | 21,913 | D |
| Phantom Stock Units - Restricted Stock PlanF3,F4 | $0.00 | Sep 8, 2016 | A | 15,671 | A | — | — | Ordinary Shares | 15,671 | 37,584 | D |
Explanation of responses
- F1Reflects grant of restricted stock units. Restricted stock units accrue dividend equivalent units and convert to ordinary shares upon vesting.
- F2The number of underlying securities is based on the stock fund balance. The actual number of shares issuable upon the distribution date is not determinable since the fund is a unitized account consisting of 96% company shares and 4% money market fund.
- F3Each phantom stock unit is the economic equivalent of one ordinary share of JCI plc.
- F4Phantom 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.