MORCOTT SOUTHWOOD J 4
4 · JOHNSON CONTROLS INC · Filed Nov 24, 2010
Insider Transaction Report
Form 4
MORCOTT SOUTHWOOD J
Director
Transactions
- Sale
Common Stock
2010-11-23$36.69/sh−13,287$487,495→ 25,000 total
Holdings
- 52,669.543
Phantom Stock Units/Directors' Deferred Comp Plan
→ Common Stock (52,669.543 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. The reporting person has the right to transfer the value of the phantom stock account into an alternative investment account within the plan or move out of the plan.
- [F3]Includes 681.461 phantom stock units acquired through reinvestment of dividends on April 5, July 2, and October 4, 2010 at prices ranging from $26.88 to $33.10 per phantom unit.