Johnson Controls International plc 4
4 · Johnson Controls International plc · Filed Nov 22, 2016
Insider Transaction Report
Form 4
Jackson William C
VP & President, BE
Transactions
- Award
Ordinary Shares
2016-11-18+58,480.34→ 268,159.03 total - Award
Phantom Stock Units - Restricted Stock Plan
2016-11-18+57,422.81→ 71,883.701 totalExercise: $0.00→ Ordinary Shares (57,422.81 underlying)
Footnotes (3)
- [F1]Reflects the number of ordinary shares underlying previously unreported performance share units that were converted into time-based restricted share units based on performance results through the end of fiscal year 2016, and as approved by the Compensation Committee on November 18, 2016. The resulting time-based restricted share units remain subject to certain forfeiture and accelerated vesting provisions.
- [F2]Represents performance share units for the three-year performance period ended September 30, 2016. The Compensation Committee approved the performance results on November 18, 2016. Receipt of the related shares is deferred to a future date.
- [F3]Phantom stock units accrue under the Johnson Controls Restricted Stock Plan and settle 100% in cash upon the reporting person's termination or retirement, subject to vesting requirements.