FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
JOHNSON CONTROLS INC [ JCI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/28/2004 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 126,220(1) | I | By John Barth Trust | |||||||
Common Stock | 110,204(2) | I | By Eileen Barth Trust | |||||||
Common Stock | 14,387.859(3)(4)(5) | I | By 401(k) Plan |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Phantom Stock Units/Restricted Stock Grant | $59.58(6) | 01/28/2004 | A | 80,000 | (7) | (7) | Common Stock | 80,000 | (6) | 131,691.14(8)(9) | D | ||||
Phantom Stock Units/LTPP | (6) | (10) | (10) | Common Stock | 39,745.36 | 39,745.36(11)(12) | D | ||||||||
Phantom Stock Units/Excess Benefit Plan - Common | (6) | (13) | (13) | Common Stock | 25,737.994 | 25,737.994(14)(15) | D | ||||||||
Stock Option | $28.4219 | 11/15/2002 | 11/15/2010 | Common Stock | 150,000 | 150,000(16) | D | ||||||||
Stock Option | $40.115 | 11/14/2003(18) | 11/14/2011 | Common Stock | 200,000 | 200,000(17) | D | ||||||||
Stock Option | $40.2975 | 11/20/2004(18) | 11/20/2012 | Common Stock | 350,000 | 350,000(19) | D | ||||||||
Stock Option | $52.55 | 11/19/2005(18) | 11/19/2013 | Common Stock | 400,000 | 400,000(20) | D |
Explanation of Responses: |
1. Prior to January 2, 2004, the insider's trust was the beneficial owner of 63,110 shares of common stock. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the trust's acquisition of 63,110 additional shares. |
2. Prior to January 2, 2004, the trust for the insider's spouse was the beneficial owner of 55,102 shares of common stock. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the trust's acquisition of 55,102 additional shares. |
3. Includes 1,229.045 shares of the preferred stock units which were converted to 2,458.09 shares of common stock on 12/31/2003 by the trustee of the plan. |
4. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 7168.769 additional shares. |
5. The number of underlying securities is based on the stock fund balance on 1/28/2004. 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 1/28/2004 stock fund price of $59.80 per share. |
6. The phantom stock units convert to the common stock's cash value on a one-for-one basis. |
7. The Phantom stock units were accrued under the Johnson Controls Deferred Restricted Stock Plan and are to be settled 100% in cash upon the reporting person's retirement. |
8. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 25,745.35 additional phantom stock units. |
9. Includes 200.44 phantom stock units acquired through the reinvestment of dividends on January 2, 2004, at a price of $57.80 per phantom unit. |
10. The phantom stock units were accrued under the Johnson Controls Long-Term Performance Plan and are to be settled 100% in cash upon the reporting person's retirement. |
11. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 19,795.62 additional phantom stock units. |
12. Includes 154.12 phantom stock units acquired through the reinvestment of dividends on January 2, 2004, at a price of $57.80 per phantom unit. |
13. 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. |
14. The 4,611.264 phantom stock preferred units held in the Excess 401(k) Plan were converted to 9,222.528 phantom common stock units on 12/31/2003 by the trustee of the plan. |
15. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 12,923.618 additional phantom stock units. |
16. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 75,000 additional stock options. The price of the option was adjusted proportionately. |
17. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 100,000 additional stock options. The price of the option was adjusted proportionately. |
18. Fifty percent of the options become exercisable two years after the grant date; the remaining 50%, three years after grant date. |
19. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 175,000 additional stock options. The price of the option was adjusted proportionately. |
20. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 200,000 additional stock options. The price of the option was adjusted proportionately. |
Remarks: |
Arlene D. Gumm, Attorney-in-fact for John M. Barth | 01/30/2004 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |