SEC Form 4 · accession 0001127602-17-034401
Johnson Controls International plc · 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
Dec 7, 2017
Accepted (ET)
Dec 11, 2017 · 5:29 pm EST
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,F2 | Dec 7, 2017 | A | 2,635 | $0.00 | A | 57,027 | D | |
| Ordinary SharesF3 | holding | — | — | — | 7,926 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF4,F2,F5 | $0.00 | Dec 7, 2017 | A | 7,904 | A | — | — | Ordinary Shares | 7,904 | 23,375 | D |
| Employee Stock Option (Right to Buy)F6 | $37.36 | Dec 7, 2017 | A | 55,851 | A | Dec 7, 2019 | Dec 7, 2027 | Ordinary Shares | 55,851 | 55,851 | D |
Explanation of responses
- F1Reflects grant of restricted share units. Restricted share units accrue dividend equivalent units and convert to ordinary shares upon vesting.
- F2Each restricted share unit is the economic equivalent of one ordinary share of JCI.
- F3The 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.
- F4Reflects grant of restricted share units, which were deferred by the reporting person. Deferred restricted share units accrue dividend equivalent units and convert to cash upon vesting.
- F5Vested 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.
- F6Subject to certain acceleration and forfeiture provisions, fifty percent of the options become exercisable on the second anniversary of the grant date and the remaining fifty percent become exercisable on the third anniversary.