JOHNSON & JOHNSON — Director's Dealing 2012

Feb 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2012-02-09

Reporting Person: DEYO RUSSELL C (VP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-09	Common Stock	M	11572	—	Acquired	146807	Direct
2012-02-09	Common Stock	F	5364	$65.09	Disposed	141443	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7265	Indirect
Common Stock	1703	Indirect
Common Stock	10771	Indirect
Common Stock	2634	Indirect
Common Stock	3058	Indirect

Footnotes

F1: Shares held in the Johnson & Johnson Stock Fund under the 401(k) Savings Plan as of Plan's most recent reporting date (01/31/2012).

F2: Shares held by ESOP under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (01/31/2012).

F3: 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.