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JOHNSON & JOHNSON Director's Dealing 2009

Feb 11, 2009

29750_dirs_2009-02-11_2cd906d4-4307-477b-933a-3d4db411e59e.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: 2009-02-09

Reporting Person: LANGBO ARNOLD G (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-02-09 Common A 1714 Acquired 6570 Direct
2008-12-29 Common G 1511 Disposed 185 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common 900 Indirect
Common 700 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock Units $ Common (0) 47662 Direct

Footnotes

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

F2: Adjusted to reflect deduction of 1,511 shares which were transferred into Broker-Directed Living Trust.

F3: Adjusted to reflect addition of 1,511 shares formerly held directly.

F4: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F5: The Phantom Stock Units acquired under the Issuer's Non-Employee Director Deferred Fee Plan are to be settled in cash upon the Reporting Person's Retirement.

F6: 1 for 1