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JOHNSON & JOHNSON Director's Dealing 2013

May 8, 2013

29750_dirs_2013-05-08_3460f0f8-8994-46a7-9fb8-fc45553a520c.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: 2013-05-07

Reporting Person: CULLEN JAMES (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-07 Common Stock S 4929 $85.40 Disposed 3849 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-03-12 Deferred Share Units $ J 278 Acquired Common Stock (278) Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $85.40 to $85.41. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon 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.

F2: Includes 656 shares held under Issuer's Dividend Reinvestment Plan.

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).