JOHNSON & JOHNSON — Director's Dealing 2016

Jul 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2016-07-21

Reporting Person: Kapusta Ronald A (Controller, CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-21	Common Stock	M	2935.0000	$58.3300	Acquired	28660.0000	Direct
2016-07-22	Common Stock	S	2935.0000	$125.0070	Disposed	25725.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-21	Employee Stock Options (Right to Buy)	$58.3300	M	2935.0000	Disposed	2019-02-08	Common Stock (2935.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	95.0000	Indirect
Common Stock	623.2598	Indirect

Footnotes

F1: Shares held in the Johnson & Johnson Stock Fund under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (6/30/2016).

F2: Shares held by ESOP under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (6/30/2016).

F3: Vested and exercisable one day after the third anniversary of the date of the grant.