JOHNSON & JOHNSON — Director's Dealing 2015

Jan 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2015-01-16

Reporting Person: Fasolo Peter (VP, Global Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-16	Common Stock	M	8374.0000	$0.0000	Acquired	24336.1930	Direct
2015-01-16	Common Stock	F	3162.0000	$103.3200	Disposed	21174.1930	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-16	Restricted Share Units	$	M	8374.0000	Disposed		Common Stock (8374.0000)	Direct

Footnotes

F1: Includes 315 shares held under Issuer's Dividend Reinvestment Plan.

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

F3: Each Restricted Share Unit, awarded under Issuer's Long-Term Incentive Plan on January 17, 2012, represents a contingent right to receive one share of Common Stock, and vests on the third anniversary of the grant date.