SEC Form 4 · accession 0001127602-17-027502
Johnson Controls International plc · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian J Stief
Officer — Executive VP and CFO
Period of report
Sep 14, 2017
Accepted (ET)
Sep 15, 2017 · 4:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000833444
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2,F1,F3 | $0.00 | Sep 14, 2017 | A | 299,251 | A | — | — | Ordinary Shares | 299,251 | 491,842 | D |
| Restricted Share UnitsF4,F1,F3 | $0.00 | Sep 14, 2017 | A | 99,750 | A | — | — | Ordinary Shares | 99,750 | 591,592 | D |
Explanation of responses
- F1Each restricted share unit is the economic equivalent of one ordinary share of JCI plc.
- F2Reflects grant of restricted share units that, subject to certain forfeiture and vesting provisions, will vest on December 7, 2020. In the event the reporting person remains continuously employed through the vesting date, the restricted share units subject to the award will be converted into performance share units if the performance goals established for the award are met at or above target, and they will be paid out in shares based on the level of attainment of such performance goals.
- F3Vested restricted share units will be credited to the reporting person's account under the Company's Deferred Compensation Plan and will be distributed upon the reporting person's termination or retirement pursuant to the terms of such plan.
- F4Reflects grant of restricted share units that, subject to certain forfeiture and vesting provisions, will vest on the third anniversary of the grant date.