JOHNSON CONTROLS INC 4
4 · JOHNSON CONTROLS INC · Filed Apr 30, 2008
Insider Transaction Report
Form 4
BARTH JOHN M
DirectorChairman, CEO & President
Transactions
- Discretionary Transaction
Phantom Stock Units/Restricted Stock Grant
2008-04-29$35.85/sh−251,733.74$9,024,655→ 123,813.946 total→ Common Stock (251,733.74 underlying)
Holdings
- 975,000
Stock Option
Exercise: $23.96From: 2008-10-02Exp: 2016-10-02→ Common Stock (975,000 underlying) - 750,987(indirect: By Trust)
Common Stock
- 1,050,000
Stock Option
Exercise: $13.43From: 2004-11-20Exp: 2012-11-20→ Common Stock (1,050,000 underlying) - 1,200,000
Stock Option
Exercise: $17.52From: 2005-11-19Exp: 2013-11-19→ Common Stock (1,200,000 underlying)
Footnotes (4)
- [F1]Each unit of phantom stock is the economic equivalent of one share of Johnson Controls common stock. Units of vested phantom stock are payable in cash following the reporting person's termination of employment with the company and may be transferred by the reporting person into an alternative investment account at any time. Vesting continues in retirement.
- [F2]The phantom stock units were accrued under the Johnson Controls Restricted Stock Deferral Plan and are to be settled 100% in cash upon the reporting person's termination of employment with the company.
- [F3]Includes 1382.641 phantom stock units acquired through reinvestment of dividends on April 2, 2008, at a price of of $35.18 per share.
- [F4]Fifty percent of the options become exercisable two years after the grant date; the remaining 50%, three years after grant date.