MORCOTT SOUTHWOOD J 4
4 · JOHNSON CONTROLS INC · Filed Oct 2, 2007
Insider Transaction Report
Form 4
MORCOTT SOUTHWOOD J
Director
Transactions
- Award
Phantom Stock Units/Directors' Deferred Comp Plan
2007-10-01$120.63/sh+64.76$7,812→ 16,463.644 total→ Common Stock (64.76 underlying)
Holdings
- 8,073
Common Stock
- 44.637
Phantom Stock Units/Directors' Retirement Stock Account
→ Common Stock (44.637 underlying)
Footnotes (3)
- [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 retirement. The reporting person has the right to transfer the value of the phantom stock account into an alternative investment account within the plan.
- [F3]The Phantom stock units were accrued under the Johnson Controls Directors' Retirement Plan and are to be settled 100% in cash upon the reporting person's retirement. The reporting person has the right to transfer the value of the phantom stock account into an alternative investment account within the plan.