SATCHER DAVID 4
4 · JOHNSON & JOHNSON · Filed Jun 15, 2011
Insider Transaction Report
Form 4
SATCHER DAVID
Director
Transactions
- Other
Phantom Stock Units
2011-06-14+56→ 6,509 total→ Common Stock (56 underlying)
Holdings
- 11,987
Common Stock
Footnotes (2)
- [F1]The Phantom Stock Units acquired under the Issuer's Non-Employee Director Deferred Fee Plan on June 14, 2011 at $66.62 per share are to be settled in cash upon the Reporting Person's Retirement (with each Phantom Stock Unit representing the fair market value of one share of Common Stock on the settlement date). Alternatively, the cash value represented by the Phantom Stock Units may be transferred by the Reporting Person into an alternative investment account under the Plan at any time.
- [F2]1 for 1