JOHNSON & JOHNSON — Director's Dealing 2013

Jul 29, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2013-07-25

Reporting Person: Stoffels Paulus (Chief Scientific Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-25	Common Stock	M	24000	$66.18	Acquired	33073	Direct
2013-07-25	Common Stock	S	20540	$92.40	Disposed	12533	Direct
2013-07-25	Common Stock	M	29168	$65.62	Acquired	41701	Direct
2013-07-25	Common Stock	S	24900	$92.40	Disposed	16801	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-25	Employee Stock Option (Right to Buy)	$66.18	M	24000	Disposed	2015-02-13	Common Stock (24000)	Direct
2013-07-25	Employee Stock Option (Right to Buy)	$65.62	M	29168	Disposed	2017-02-10	Common Stock (29168)	Direct

Footnotes

F1: 218 shares held under Issuer's Dividend Reinvestment Plan.

F2: Shares sold to cover exercise price and taxes owed upon exercise of option.

F3: This transaction was executed in multiple trades at prices ranging from $92.39 to $92.43. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide unpon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: Awarded under Issuer's Stock Option Plan and exercisable in full starting one day after the third anniversary of the grant.