JOHNSON & JOHNSON — Director's Dealing 2013

Oct 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2013-10-16

Reporting Person: MULLIN LEO F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-10-16	Common Stock	M	7600	$53.93	Acquired	30752	Direct
2013-10-16	Common Stock	F	4557	$89.93	Disposed	26195	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-10	Deferred Share Units	$	J	309	Acquired		Common Stock (309)	Direct
2013-10-16	Non-Employee Director Stock Options (Right to Buy)	$53.93	M	7600	Disposed	2014-02-07	Common Stock (7600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1200	Indirect

Footnotes

F1: Includes 121 shares held under Issuer's Dividend Reinvestment Program.

F2: Shares withheld to cover exercise price owed upon exercise of option.

F3: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F4: Awarded under the Stock Option Plan for Non-Employee Directors and exercisable in full one year from date of grant.