JOHNSON & JOHNSON — Director's Dealing 2014

Dec 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2014-12-17

Reporting Person: PETERSON SANDRA E (Group Worldwide Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-17	Common Stock	M	21689.0000	$0.0000	Acquired	31210.0000	Direct
2014-12-17	Common Stock	F	12168.0000	$103.6100	Disposed	19042.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-17	Restricted Share Units	$	M	21689.0000	Disposed		Common Stock (21689.0000)	Direct

Footnotes

F1: Shares withheld for payment of taxes upon vesting of Restricted Share Units.

F2: Each Restricted Share Unit, awarded under Issuer's Long-Term Incentive Plan on December 17, 2012, represents a contingent right to receive one share of Common Stock and vests on the second anniversary of the grant date.