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JOHNSON & JOHNSON Director's Dealing 2006

Feb 15, 2006

29750_dirs_2006-02-15_7bac6106-6856-437c-b14f-4bd51a07797f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2006-02-13

Reporting Person: COLEMAN MARY SUE (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-02-13 Common Stock A 1714 Acquired 4419 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock Units $ Common (0) 3316 Direct

Footnotes

F1: Annual grant of restricted stock issued to Non-Employee Directors under Issuer's Long-Term Incentive Plan.

F2: Includes 432 shares held in IRA controlled by reporting person.

F3: Adjusted to deduct an extra 15 shares reported as a gift on reporting person's last report and to include 23 shares held under Issuer's Dividend Reinvestment Plan previously unreported. 28 shares in total are held under the Issuer's Dividend Reinvestment Plan.

F4: The Phantom Stock Units held under the Issuer's Non-Employee Director Deferred Fee Plan are to be settled in cash upon the Reporting Person's Retirement.

F5: 1 for 1