JOHNSON & JOHNSON — Director's Dealing 2013

Jan 29, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2013-01-25

Reporting Person: Ullmann Michael H (VP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-25	Common Stock	M	1915	$52.20	Acquired	47115	Direct
2013-01-25	Common Stock	F	1352	$73.92	Disposed	45763	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-25	Employee Stock Options (Right to Buy)	$52.20	M	1915	Disposed	2013-02-08	Common Stock (1915)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	59	Indirect
Common Stock	1287	Indirect

Footnotes

F1: Awarded under Issuer's Stock Option Plan and exercisable in full starting three years after date of grant.

F2: Shares held in the Johnson & Johnson Stock Fund under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

F3: Shares held by ESOP under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).