JOHNSON & JOHNSON — Director's Dealing 2014

Jan 15, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2014-01-10

Reporting Person: Stoffels Paulus (Chief Scientific Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-10	Common Stock	M	18690	—	Acquired	35603	Direct
2014-01-10	Common Stock	F	8150	$94.53	Disposed	27453	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-10	Restricted Share Units	$	M	18690	Disposed		Common Stock (18690)	Direct

Footnotes

F1: 330 shares held under Issuer's Dividend Reinvestment Plan.

F2: Shares withheld for the payment of taxes upon vesting of Restricted Share Units.

F3: Each Restricted Share Unit, awarded under Issuer's Long-Term Incentive Plan on January 10, 2011, represents a contingent right to receive one share of Common Stock, and vests three years after date of grant.