MORCOTT SOUTHWOOD J 4
4 · JOHNSON CONTROLS INC · Filed Jan 28, 2011
Insider Transaction Report
Form 4
MORCOTT SOUTHWOOD J
Director
Transactions
- Gift
Common Stock
2010-12-02−5,000→ 20,000 total - Award
Common Stock
2011-01-26$38.84/sh+713$27,693→ 20,713 total
Holdings
- 17,666.079
Phantom Stock Units/Directors' Deferred Comp Plan
→ Common Stock (17,666.079 underlying)
Footnotes (4)
- [F1]The phantom stock units convert to the common stock's cash value on a one-for-one basis.
- [F2]The phantom stock units were accrued under the Johnson Controls Directors' Deferred Compensation Plan and are to be settled 100% in cash upon the reporting person's termination or retirement from the Board. The reporting person has the right to transfer the value of the phantom stock account into an alternative investment account within the plan or move out of the plan.
- [F3]Includes 106.188 phantom stock units acquired through reinvestment of dividends on January 4, 2011 at $39.68 per phantom unit.
- [F4]Mr. Morcott retired from the Board of Directors on December 31, 2010. The reported holdings reflect the effect of a post-termination transaction that did not require reporting.