JOHNSON & JOHNSON — Director's Dealing 2018

Nov 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2018-11-16

Reporting Person: Gorsky Alex (Director, Chairman, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-16	Common Stock	M	144695.0000	$62.2000	Acquired	481254.0000	Direct
2018-11-16	Common Stock	M	119770.0000	$62.6200	Acquired	601024.0000	Direct
2018-11-16	Common Stock	S	264465.0000	$145.9587	Disposed	336559.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-16	Employee Stock Options (Right to Buy)	$62.2000	M	144695.0000	Disposed	2021-01-08	Common Stock (144695.0000)	Direct
2018-11-16	Employee Stock Options (Right to Buy)	$62.6200	M	119770.0000	Disposed	2020-02-07	Common Stock (119770.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	495.0000	Indirect
Common Stock	1074.0000	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $145.73 to $146.17. 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: Includes 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 (10/31/2018).

F3: Shares held by ESOP under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (10/31/2018).