Johnson Controls International plc 4
4 · Johnson Controls International plc · Filed Oct 11, 2016
Insider Transaction Report
Form 4
Jackson William C
VP & President, BE
Transactions
- Award
Ordinary Shares
2016-10-07+14,926→ 196,324.51 total - Award
Employee Stock Option (Right to Buy)
2016-10-07+75,194→ 75,194 totalExercise: $45.29From: 2018-10-07Exp: 2026-10-07→ Ordinary Shares (75,194 underlying)
Footnotes (2)
- [F1]Reflects grant of restricted stock units that, subject to certain acceleration and forfeiture provisions, vest in three equal installments on each of the first, second and third anniversary of the grant date. Restricted stock units accrue dividend equivalent units and convert to ordinary shares upon vesting.
- [F2]Subject to certain acceleration and forfeiture provisions, fifty percent of the options become exercisable on the second anniversary of the grant date and the remaining fifty percent become exercisable on the third anniversary.