JOHNSON & JOHNSON — Director's Dealing 2009

Feb 18, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2009-02-12

Reporting Person: Casey Donald M Jr. (Member, Executive Committee)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-12	Common Stock	A	1448	—	Acquired	17225	Direct
2009-02-13	Common Stock	M	7590	—	Acquired	24815	Direct
2009-02-13	Common Stock	F	2279	$57.31	Disposed	22536	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-13	Restricted Share Units	$	M	7590	Disposed		Common Stock (7590)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	133	Indirect
Common Stock	1322	Indirect
Common Stock	20932	Indirect

Footnotes

F1: Awarded under Issuer's Long-Term Incentive Plan.

F2: Shares held in the Johnson & Johnson Stock Fund under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (01/30/2009).

F3: Shares held by ESOP under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (01/30/2009).

F4: Each Restricted Share Unit, awarded under Issuer's Long-Term Incentive Plan on February 13, 2006, represents a contingent right to receive one share of Company Common Stock.

F5: Not applicable.