Filing Details
- Accession Number:
- 0001012282-10-000005
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-12 16:46:19
- Reporting Period:
- 2010-11-03
- Filing Date:
- 2010-11-12
- Accepted Time:
- 2010-11-12 16:46:19
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 53669 | Johnson Controls Inc | JCI | Public Bldg & Related Furniture (2531) | 390380010 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1012282 | A Stephen Roell | 5757 N. Green Bay Avenue P.o. Box 591 Milwaukee WI 53201-0591 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2010-11-03 | 3,800 | $0.00 | 757,447 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2010-11-12 | 300,000 | $20.56 | 1,057,447 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-12 | 300,000 | $36.20 | 757,447 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | G | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2010-11-12 | 300,000 | $0.00 | 300,000 | $20.56 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2006-11-17 | 2014-11-17 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 33,653 | Indirect | By 401(k) Plan Trust |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock Units / Restricted Stock Grant | $0.00 | 2012-11-01 | 2014-11-01 | 90,000 | 315,089 | Direct |
| Common Stock | Phantom Stock Units/Retirement Restoration Plan | $0.00 | 55,695 | 55,695 | Direct | ||
| Common Stock | Employee Stock Option (Right to Buy) | $22.56 | 2007-11-16 | 2015-11-16 | 525,000 | 525,000 | Direct |
| Common Stock | Employee Stock Option (Right to Buy) | $23.97 | 2008-10-02 | 2016-10-02 | 591,000 | 591,000 | Direct |
| Common Stock | Employee Stock Option (Right to Buy) | $40.21 | 2009-10-01 | 2017-10-01 | 375,000 | 375,000 | Direct |
| Common Stock | Employee Stock Option (Right to Buy) | $28.79 | 2010-10-01 | 2018-10-01 | 550,000 | 550,000 | Direct |
| Common Stock | Employee Stock Option (Right to Buy) | $24.87 | 2011-10-01 | 2019-10-01 | 610,000 | 610,000 | Direct |
| Common Stock | Employee Stock Option (Right to Buy) | $30.54 | 2012-10-01 | 2020-10-01 | 505,000 | 505,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2014-11-01 | 90,000 | 315,089 | Direct |
| 55,695 | 55,695 | Direct | |
| 2015-11-16 | 525,000 | 525,000 | Direct |
| 2016-10-02 | 591,000 | 591,000 | Direct |
| 2017-10-01 | 375,000 | 375,000 | Direct |
| 2018-10-01 | 550,000 | 550,000 | Direct |
| 2019-10-01 | 610,000 | 610,000 | Direct |
| 2020-10-01 | 505,000 | 505,000 | Direct |
Footnotes
- Includes 7,500 shares of restricted stock which vest on 8/1/2011, and 75,000 shares of restricted stock which vest on 11/1/2011.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $36.11 to $36.27, inclusive. The reporting person undertakes to provide to Johnson Controls, any security holder of Johnson Controls, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- The number of underlying securities is based on the stock fund balance on November 11, 2010. The actual number of shares issuable upon the distribution date is not determinable since the stock fund is a unitized account consisting of 96% company stock and 4% money market fund. The stock account balance reflected in this report is based on a November 11, 2010, stock fund price of $37.11 per share.
- Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock.
- The restricted stock units were awarded under the Johnson Controls Executive Deferred Compensation Plan. The units are to be settled 100% in cash upon the reporting person's termination from the issuer, subject to vesting provisions.
- The phantom stock units representing dividends which relate to restricted stock awards that were not deferred will vest when the non-deferred restricted shares vest, and will be paid in cash to the reporting person. Phantom stock units representing dividends which relate to vested deferred awards are payable in cash following the reporting person's retirement from the issuer and may be transferred into an alternative investment account. Vesting continues when the reporting person retires from the issuer.
- The phantom stock units were accrued under the Johnson Controls Retirement Restoration Plan. The units are payable in cash following the reporting person's retirement from the issuer, and may be transferred by the reporting person into an alternative investment account.
- Fifty percent of the options vest after two years and the remaining 50% vests after three years.
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