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JOHNSON & JOHNSON Director's Dealing 2014

Aug 25, 2014

29750_dirs_2014-08-25_b86b8660-e5ef-41a9-80cc-422ec81c00c7.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: 2014-08-21

Reporting Person: Caruso Dominic J (VP, Finance; CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-08-21 Common Stock M 30000 $66.18 Acquired 91600 Direct
2014-08-21 Common Stock S 30000 $104.3023 Disposed 61600 Direct
2014-07-31 Common Stock J 4 Acquired 72 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-06-30 Deferred Share Units $ A 168 Acquired Common Stock (168) Direct
2014-08-21 Employee Stock Options (Right to Buy) $66.18 M 1510 Disposed 2015-02-13 Common Stock (1510) Direct
2014-08-21 Employee Stock Options (Right to Buy) $66.18 M 28490 Disposed 2015-02-13 Common Stock (28490) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 225 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $104.30 to $104.305. 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: Shares accrued due to dividend reinvestment in the Johnson & Johnson Stock Fund under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (7/31/2014).

F3: Shares held by ESOP under the Johnson & Johnson Savings Plan as of Plan's most recent reporting date (7/31/2014).

F4: Dividends accrued under the Issuer's Executive Income Deferred Plan. 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).

F5: Awarded under Issuer's Stock Option Plan and exercisable in full starting one day after the third anniversary of the grant.