JOHNSON & JOHNSON — Director's Dealing 2019

Dec 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JOHNSON & JOHNSON (JNJ)
CIK: 0000200406
Period of Report: 2019-12-12

Reporting Person: Wengel Kathryn E (EVP, Chief GSC Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-12	Common Stock	M	2017.0000	$62.6200	Acquired	51736.2521	Direct
2019-12-12	Common Stock	S	2017.0000	$141.0700	Disposed	49719.2521	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-12	Employee Stock Options (Right to Buy)	$62.6200	M	2017.0000	Disposed	2020-02-07	Common Stock (2017.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29.0000	Indirect
Common Stock	281.0000	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from 141.04 to $141.07. 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 (11/30/2019).

F3: Shares held by ESOP under the Johnson & Johnson Savings Plan as of the Plan's most recent reporting date (11/30/2019).

F4: Awarded under Issuer's Stock Option Plan and exercisable in full after the third anniversary of the grant.