SEC Form 4 · accession 0001127602-18-029859
Johnson Controls International plc · JCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rodney M Rushing
Officer — Pres. Bldg Solutions, North Am
Period of report
Oct 7, 2018
Accepted (ET)
Oct 9, 2018 · 6:37 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 Shares | Oct 7, 2018 | F | 1,719 | $36.31 | D | 30,517 | D | |
| Ordinary Shares | Oct 7, 2018 | M | 5,089 | $36.31 | A | 35,606 | D | |
| Ordinary Shares | Oct 7, 2018 | D | 5,089 | $36.31 | D | 30,517 | 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 - Deferred CompensationF2,F1 | $36.31 | Oct 7, 2018 | M | 5,089 | D | Oct 7, 2018 | Oct 7, 2018 | Ordinary Shares | 5,089 | 9,633 | D |
Explanation of responses
- F1Each unit of phantom stock is the economic equivalent of one ordinary share of JCI plc. The reporting person settled the units of phantom stock in cash.
- F2Reflects prior 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. Vested restricted share units will be credited to the reporting persons account under the company's deferred compensation plan and will be distributed upon the reporting persons termination or retirement pursuant to the terms of such plan.