SEC Form 4
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*
BARTH JOHN M

(Last) (First) (Middle)
5757 N. GREEN BAY AVENUE
P.O. BOX 591

(Street)
MILWAUKEE WI 53201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
JOHNSON CONTROLS INC [ JCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
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)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
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).
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