AI assistant
Johnson Controls International plc — Director's Dealing 2017
Dec 11, 2017
29939_dirs_2017-12-11_aabeae0d-8575-4903-a7ba-0efde450002e.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Johnson Controls International plc (JCI)
CIK: 0000833444
Period of Report: 2017-12-07
Reporting Person: Rushing Rodney M (Pres. Bldg Solutions, North Am)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-07 | Employee Stock Option (Right to Buy) | $37.36 | A | 49964 | Acquired | 2027-12-07 | Ordinary Shares (49964) | Direct |
| 2017-12-07 | Restricted Share Units | $ | A | 9428 | Acquired | Ordinary Shares (9428) | Direct |
Footnotes
F1: Subject 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.
F2: Each restricted share unit is the economic equivalent of one ordinary share of JCI.
F3: Reflects 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.
F4: Vested 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.