JOHNSON CONTROLS INC 4
4 · JOHNSON CONTROLS INC · Filed Jan 4, 2008
Insider Transaction Report
Form 4
ZUTZ DENISE M
Vice President
Transactions
- Tax Payment
Common Stock
2008-01-02$34.59/sh−3,668$126,876→ 209,665 total - Tax Payment
Common Stock
[F1]2008-01-03$35.02/sh−3,486$122,080→ 206,179 total
Holdings
- 27,012.66(indirect: By Trust)
Common Stock
[F2] - 9,031.841
Phantom Stock Units / Excess Benefit Plan
[F3][F4][F5]→ Common Stock (9,031.841 underlying) - 1,789.554
Phantom Stock Units / Restricted Stock Plan
[F6][F7]→ Common Stock (1,789.554 underlying) - 54,000
Stock Option
[F8]Exercise: $20.56From: 2006-11-17Exp: 2014-11-17→ Common Stock (54,000 underlying) - 96,000
Stock Option
[F8]Exercise: $22.56From: 2007-11-16Exp: 2015-11-16→ Common Stock (96,000 underlying) - 75,000
Stock Option
[F8]Exercise: $23.96From: 2008-10-02Exp: 2016-10-02→ Common Stock (75,000 underlying) - 51,000
Stock Option
[F8]Exercise: $40.21From: 2009-10-01Exp: 2017-10-01→ Common Stock (51,000 underlying)
Footnotes (8)
- [F1]Includes shares awarded under a Restricted Stock Plan. Restricted shares vest as follows: 6,750 on 11/1/2009, 10,500 shares on 1/3/2010, and 6,750 shares on 11/1/2011.
- [F2]The number of underlying securities is based on the stock fund balance on January 3, 2008. The actual number of shares issuable upon the distribution date is not determinable since the stock fund is a unitized account consisting of 96% company stock and 4% money market fund. The stock account balance reflected in this report is based on a January 3, 2008, stock fund price of $35.02 per share.
- [F3]Each share of phantom stock is the economic equivalent of one share of Johnson Controls common stock. Shares of 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.
- [F4]The phantom stock units were accrued under the Johnson Controls Equalization 401(k) Benefit Plan and are to be settled 100% in cash upon the reporting person's retirement.
- [F5]Includes 33.404 phantom stock units acquired through reinvestment of dividends on January 3, 2008, at a price of $35.02 per phantom unit.
- [F6]Each share of phantom stock is the economic equivalent of one share of Johnson Controls common stock. The restricted stock units were accrued under the Johnson Controls Restricted Stock Plan. The units represent the reinvestment of dividends and are to be settled 100% in cash upon the vesting of the reporting person's Restricted Stock.
- [F7]Includes 671.199 phantom stock units acquired through reinvestment of dividends on January 3, 2008, at a price of $35.02 per phantom unit.
- [F8]Fifty percent of the options become exercisable two years after the grant date; the remaining 50%, three years after grant date.
Signature
Arlene D. Gumm Attorney-In-Fact for Denise M. Zutz|2008-01-04