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JOHNSON & JOHNSON

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2722
SEC CIK
0000200406
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1,771

Last 12 months

Inside the activity.

1 purchase rows · 28 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202510
Dec 202500
Jan 202602
Feb 2026015
Mar 202600
Apr 202600
May 202600
Jun 202601
Jul 202601
Aug 202607
Sep 202602
Oct 202600

Latest available

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
February 01, 2013 Filed Feb 13, 2013 23:16 UTC
COSGROVE STEPHEN JCorporate Controller
GrantRestricted Share Units · Derivative 3,729 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000036 · edgar.xml · derivative · entry 4

COSGROVE STEPHEN J · CIK 0001188998 · Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,729

Underlying: Common Stock · 3,729 shares

Expires not disclosed

F3 · derivative.exercise_price: Awarded under Issuer's Long-Term Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

F3 · shares: Awarded under Issuer's Long-Term Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

F4 · derivative.expiration_date: Not applicable.

Read SEC document
January 25, 2013 Filed Jan 29, 2013 21:25 UTC
Ullmann Michael HVP, General Counsel
Exercise / conversionEmployee Stock Options (Right to Buy) · Derivative 1,915 $0.00 Strike: $52.20 $0.00
Disclosure

SEC source: 0000200406-13-000014 · edgar.xml · derivative · entry 5

Ullmann Michael H · CIK 0001537710 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,915

Underlying: Common Stock · 1,915 shares

Expires 2013-02-08

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Awarded under Issuer's Stock Option Plan and exercisable in full starting three years after date of grant.

Read SEC document
January 25, 2013 Filed Jan 29, 2013 21:25 UTC
Ullmann Michael HVP, General Counsel
Tax withholdingCommon Stock 1,352 $73.92 $99,939.84
Disclosure

SEC source: 0000200406-13-000014 · edgar.xml · nonDerivative · entry 2

Ullmann Michael H · CIK 0001537710 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,763

Read SEC document
January 25, 2013 Filed Jan 29, 2013 21:25 UTC
Ullmann Michael HVP, General Counsel
Exercise / conversionCommon Stock 1,915 $52.20 $99,963.00
Disclosure

SEC source: 0000200406-13-000014 · edgar.xml · nonDerivative · entry 1

Ullmann Michael H · CIK 0001537710 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,115

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 21:59 UTC
Caruso Dominic JChief Financial Officer
GrantPerformance Share Units · Derivative 29,005 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000003 · edgar.xml · derivative · entry 7

Caruso Dominic J · CIK 0001385325 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,005

Underlying: Common Stock · 29,005 shares

Expires not disclosed

F6 · security: Awarded under Issuer's Long-Term Incentive Plan.

F8 · derivative.exercise_price: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F8 · derivative.exercise_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F8 · derivative.expiration_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 21:59 UTC
Caruso Dominic JChief Financial Officer
GrantRestricted Share Units · Derivative 11,602 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000003 · edgar.xml · derivative · entry 6

Caruso Dominic J · CIK 0001385325 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,602

Underlying: Common Stock · 11,602 shares

Expires not disclosed

F6 · security: Awarded under Issuer's Long-Term Incentive Plan.

F7 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

F7 · derivative.expiration_date: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 21:59 UTC
Caruso Dominic JChief Financial Officer
GrantEmployee Stock Options (Right to Buy) · Derivative 233,846 $0.00 Strike: $72.54 $0.00
Disclosure

SEC source: 0000200406-13-000003 · edgar.xml · derivative · entry 5

Caruso Dominic J · CIK 0001385325 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 233,846

Underlying: Common Stock · 233,846 shares

Expires 2023-01-13

F6 · security: Awarded under Issuer's Long-Term Incentive Plan.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:01 UTC
Fasolo PeterVP, Worldwide Human Resources
GrantPerformance Share Units · Derivative 18,777 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000004 · edgar.xml · derivative · entry 4

Fasolo Peter · CIK 0001509999 · VP, Worldwide Human Resources

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,777

Underlying: Common Stock · 18,777 shares

Expires not disclosed

F1 · security: Awarded under Issuer's Long-Term Incentive Plan.

F3 · derivative.exercise_price: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F3 · derivative.exercise_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F3 · derivative.expiration_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:01 UTC
Fasolo PeterVP, Worldwide Human Resources
GrantRestricted Share Units · Derivative 7,511 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000004 · edgar.xml · derivative · entry 3

Fasolo Peter · CIK 0001509999 · VP, Worldwide Human Resources

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,511

Underlying: Common Stock · 7,511 shares

Expires not disclosed

F1 · security: Awarded under Issuer's Long-Term Incentive Plan.

F2 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Company Common Stock and vests three years after date of grant.

F2 · derivative.expiration_date: Each Restricted Share Unit represents a contingent right to receive one share of Company Common Stock and vests three years after date of grant.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:01 UTC
Fasolo PeterVP, Worldwide Human Resources
GrantEmployee Stock Options (Right to Buy) · Derivative 151,385 $0.00 Strike: $72.54 $0.00
Disclosure

SEC source: 0000200406-13-000004 · edgar.xml · derivative · entry 2

Fasolo Peter · CIK 0001509999 · VP, Worldwide Human Resources

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 151,385

Underlying: Common Stock · 151,385 shares

Expires 2023-01-13

F1 · security: Awarded under Issuer's Long-Term Incentive Plan.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:03 UTC
Gorsky AlexDirector · Chairman, CEO
GrantPerformance Share Units · Derivative 67,933 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000005 · edgar.xml · derivative · entry 6

Gorsky Alex · CIK 0001453149 · Director · Chairman, CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,933

Underlying: Common Stock · 67,933 shares

Expires not disclosed

F4 · security: Awarded under Issuer's Long-Term Incentive Plan.

F6 · derivative.exercise_price: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F6 · derivative.exercise_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F6 · derivative.expiration_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:03 UTC
Gorsky AlexDirector · Chairman, CEO
GrantRestricted Share Units · Derivative 27,173 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000005 · edgar.xml · derivative · entry 5

Gorsky Alex · CIK 0001453149 · Director · Chairman, CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,173

Underlying: Common Stock · 27,173 shares

Expires not disclosed

F4 · security: Awarded under Issuer's Long-Term Incentive Plan.

F5 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

F5 · derivative.expiration_date: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:03 UTC
Gorsky AlexDirector · Chairman, CEO
GrantEmployee Stock Options (Right to Buy) · Derivative 547,692 $0.00 Strike: $72.54 $0.00
Disclosure

SEC source: 0000200406-13-000005 · edgar.xml · derivative · entry 4

Gorsky Alex · CIK 0001453149 · Director · Chairman, CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 547,692

Underlying: Common Stock · 547,692 shares

Expires 2023-01-13

F4 · security: Awarded under Issuer's Long-Term Incentive Plan.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:04 UTC
PETERSON SANDRA EGroup Worldwide Chairman
GrantPerformance Share Units · Derivative 7,633 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000006 · edgar.xml · derivative · entry 3

PETERSON SANDRA E · CIK 0001192752 · Group Worldwide Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,633

Underlying: Common Stock · 7,633 shares

Expires not disclosed

F1 · security: Awarded under Issuer's Long-Term Incentive Plan.

F3 · derivative.exercise_price: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F3 · derivative.exercise_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F3 · derivative.expiration_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:04 UTC
PETERSON SANDRA EGroup Worldwide Chairman
GrantRestricted Share Units · Derivative 3,053 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000006 · edgar.xml · derivative · entry 2

PETERSON SANDRA E · CIK 0001192752 · Group Worldwide Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,053

Underlying: Common Stock · 3,053 shares

Expires not disclosed

F1 · security: Awarded under Issuer's Long-Term Incentive Plan.

F2 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

F2 · derivative.expiration_date: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:04 UTC
PETERSON SANDRA EGroup Worldwide Chairman
GrantEmployee Stock Options (Right to Buy) · Derivative 61,538 $0.00 Strike: $72.54 $0.00
Disclosure

SEC source: 0000200406-13-000006 · edgar.xml · derivative · entry 1

PETERSON SANDRA E · CIK 0001192752 · Group Worldwide Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,538

Underlying: Common Stock · 61,538 shares

Expires 2023-01-13

F1 · security: Awarded under Issuer's Long-Term Incentive Plan.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:05 UTC
Stoffels PaulusChief Scientific Officer
GrantPerformance Share Units · Derivative 28,242 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000007 · edgar.xml · derivative · entry 4

Stoffels Paulus · CIK 0001559387 · Chief Scientific Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,242

Underlying: Common Stock · 28,242 shares

Expires not disclosed

F2 · security: Awarded under Issuer's Long-Term Incentive Plan.

F4 · derivative.exercise_price: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F4 · derivative.exercise_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F4 · derivative.expiration_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:05 UTC
Stoffels PaulusChief Scientific Officer
GrantRestricted Share Units · Derivative 11,297 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000007 · edgar.xml · derivative · entry 3

Stoffels Paulus · CIK 0001559387 · Chief Scientific Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,297

Underlying: Common Stock · 11,297 shares

Expires not disclosed

F2 · security: Awarded under Issuer's Long-Term Incentive Plan.

F3 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

F3 · derivative.expiration_date: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:05 UTC
Stoffels PaulusChief Scientific Officer
GrantEmployee Stock Options (Right to Buy) · Derivative 227,692 $0.00 Strike: $72.54 $0.00
Disclosure

SEC source: 0000200406-13-000007 · edgar.xml · derivative · entry 2

Stoffels Paulus · CIK 0001559387 · Chief Scientific Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,692

Underlying: Common Stock · 227,692 shares

Expires 2023-01-13

F2 · security: Awarded under Issuer's Long-Term Incentive Plan.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:08 UTC
Ullmann Michael HVP, General Counsel
GrantPerformance Share Units · Derivative 16,697 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000008 · edgar.xml · derivative · entry 6

Ullmann Michael H · CIK 0001537710 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,697

Underlying: Common Stock · 16,697 shares

Expires not disclosed

F3 · security: Awarded under Issuer's Long-Term Incentive Plan.

F5 · derivative.exercise_price: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F5 · derivative.exercise_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F5 · derivative.expiration_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:08 UTC
Ullmann Michael HVP, General Counsel
GrantRestricted Share Units · Derivative 6,679 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000008 · edgar.xml · derivative · entry 5

Ullmann Michael H · CIK 0001537710 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,679

Underlying: Common Stock · 6,679 shares

Expires not disclosed

F3 · security: Awarded under Issuer's Long-Term Incentive Plan.

F4 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

F4 · derivative.expiration_date: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:08 UTC
Ullmann Michael HVP, General Counsel
GrantEmployee Stock Options (Right to Buy) · Derivative 134,615 $0.00 Strike: $72.54 $0.00
Disclosure

SEC source: 0000200406-13-000008 · edgar.xml · derivative · entry 4

Ullmann Michael H · CIK 0001537710 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 134,615

Underlying: Common Stock · 134,615 shares

Expires 2023-01-13

F3 · security: Awarded under Issuer's Long-Term Incentive Plan.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:10 UTC
COSGROVE STEPHEN JCorporate Controller
GrantPerformance Share Units · Derivative 4,809 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000009 · edgar.xml · derivative · entry 6

COSGROVE STEPHEN J · CIK 0001188998 · Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,809

Underlying: Common Stock · 4,809 shares

Expires not disclosed

F3 · security: Awarded under Issuer's Long-Term Incentive Plan.

F5 · derivative.exercise_price: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F5 · derivative.exercise_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

F5 · derivative.expiration_date: Each Performance Share Unit converts into one share of Common Stock upon distribution in the first quarter of 2016 based on a performance factor.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:10 UTC
COSGROVE STEPHEN JCorporate Controller
GrantRestricted Share Units · Derivative 7,213 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000009 · edgar.xml · derivative · entry 5

COSGROVE STEPHEN J · CIK 0001188998 · Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,213

Underlying: Common Stock · 7,213 shares

Expires not disclosed

F3 · security: Awarded under Issuer's Long-Term Incentive Plan.

F4 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

F4 · derivative.expiration_date: Each Restricted Share Unit represents a contingent right to receive one share of Common Stock and vests three years after date of grant.

Read SEC document
January 16, 2013 Filed Jan 18, 2013 22:10 UTC
COSGROVE STEPHEN JCorporate Controller
GrantEmployee Stock Options (Right to Buy) · Derivative 53,846 $0.00 Strike: $72.54 $0.00
Disclosure

SEC source: 0000200406-13-000009 · edgar.xml · derivative · entry 4

COSGROVE STEPHEN J · CIK 0001188998 · Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,846

Underlying: Common Stock · 53,846 shares

Expires 2023-01-13

F3 · security: Awarded under Issuer's Long-Term Incentive Plan.

Read SEC document
December 31, 2012 Filed Jan 18, 2013 21:59 UTC
Caruso Dominic JChief Financial Officer
OtherDeferred Share Units · Derivative 105 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000003 · edgar.xml · derivative · entry 4

Caruso Dominic J · CIK 0001385325 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,081

Underlying: Common Stock · 105 shares

Expires not disclosed

F4 · security: The Deferred Share Units acquired under the Issuer's Executive Income Deferral Plan are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date). Alternatively, the cash value represented by the Deferred Share Units may be transferred by the Reporting Person into an alternative investment account under the Plan at any time.

F4 · derivative.exercise_price: The Deferred Share Units acquired under the Issuer's Executive Income Deferral Plan are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date). Alternatively, the cash value represented by the Deferred Share Units may be transferred by the Reporting Person into an alternative investment account under the Plan at any time.

F5 · shares: Consists of dividend equivalents accrued under the Issuer's Executive Income Deferral Plan.

F4 · derivative.exercise_date: The Deferred Share Units acquired under the Issuer's Executive Income Deferral Plan are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date). Alternatively, the cash value represented by the Deferred Share Units may be transferred by the Reporting Person into an alternative investment account under the Plan at any time.

F4 · derivative.expiration_date: The Deferred Share Units acquired under the Issuer's Executive Income Deferral Plan are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date). Alternatively, the cash value represented by the Deferred Share Units may be transferred by the Reporting Person into an alternative investment account under the Plan at any time.

F5 · derivative.underlying_shares: Consists of dividend equivalents accrued under the Issuer's Executive Income Deferral Plan.

Read SEC document
December 31, 2012 Filed Jan 18, 2013 21:59 UTC
Caruso Dominic JChief Financial Officer
OtherCommon Stock 2 Not disclosed Not disclosed
Disclosure

SEC source: 0000200406-13-000003 · edgar.xml · nonDerivative · entry 2

Caruso Dominic J · CIK 0001385325 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · Johnson & Johnson Stock Fund in the 401(k) Savings Plan

Disclosed balance after: 59

F2 · security: Shares held in the Johnson & Johnson Stock Fund under the Johnson & Johnson 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

F2 · price: Shares held in the Johnson & Johnson Stock Fund under the Johnson & Johnson 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

Read SEC document
December 31, 2012 Filed Jan 18, 2013 22:03 UTC
Gorsky AlexDirector · Chairman, CEO
OtherCommon Stock 47 Not disclosed Not disclosed
Disclosure

SEC source: 0000200406-13-000005 · edgar.xml · nonDerivative · entry 2

Gorsky Alex · CIK 0001453149 · Director · Chairman, CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · Johnson & Johnson Stock Fund under the 401(k) Savings Plan

Disclosed balance after: 265

F2 · security: Shares acquired in the Johnson & Johnson Stock Fund under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

F2 · price: Shares acquired in the Johnson & Johnson Stock Fund under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

Read SEC document
December 31, 2012 Filed Jan 18, 2013 22:08 UTC
Ullmann Michael HVP, General Counsel
OtherCommon Stock 47 Not disclosed Not disclosed
Disclosure

SEC source: 0000200406-13-000008 · edgar.xml · nonDerivative · entry 2

Ullmann Michael H · CIK 0001537710 · VP, General Counsel

10b5-1 filing: Not disclosed

Ownership: Indirect · Johnson & Johnson Stock Fund under the 401(k) Savings Plan

Disclosed balance after: 59

F1 · security: Shares acquired in the Johnson & Johnson Stock Fund under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

F1 · price: Shares acquired in the Johnson & Johnson Stock Fund under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

Read SEC document
December 31, 2012 Filed Jan 18, 2013 22:10 UTC
COSGROVE STEPHEN JCorporate Controller
OtherCommon Stock 18 Not disclosed Not disclosed
Disclosure

SEC source: 0000200406-13-000009 · edgar.xml · nonDerivative · entry 2

COSGROVE STEPHEN J · CIK 0001188998 · Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Indirect · Johnson & Johnson Stock Fund under the 401(k) Savings Plan

Disclosed balance after: 422

F1 · security: Shares acquired in the Johnson & Johnson Stock Fund under the Johnson & Johnson 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

F1 · price: Shares acquired in the Johnson & Johnson Stock Fund under the Johnson & Johnson 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2012).

Read SEC document
December 31, 2012 Filed Feb 7, 2013 21:54 UTC OtherDeferred Share Units · Derivative 268 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000017 · edgar.xml · derivative · entry 4

SATCHER DAVID · CIK 0001189016 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,588

Underlying: Common Stock · 268 shares

Expires not disclosed

F3 · derivative.exercise_price: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Shares Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F3 · derivative.exercise_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Shares Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F3 · derivative.expiration_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Shares Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 20, 2012 Filed Feb 12, 2013 23:19 UTC
WELDON WILLIAM CFormer Chairman of the Board
GiftCommon Stock 128,000 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000019 · edgar.xml · nonDerivative · entry 1

WELDON WILLIAM C · CIK 0001189019 · Former Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 280,874

F1 · price: Gift

Read SEC document
December 17, 2012 Filed Dec 19, 2012 21:02 UTC
PETERSON SANDRA EGroup Worldwide Chairman
GrantRestricted Share Units · Derivative 21,688 $0.00 $0.00
Disclosure

SEC source: 0000200406-12-000157 · edgar.xml · derivative · entry 3

PETERSON SANDRA E · CIK 0001192752 · Group Worldwide Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,688

Underlying: Common Stock · 21,688 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Company Common Stock.

F4 · derivative.expiration_date: The Restricted Share Units vest on the third anniversary of the grant date.

Read SEC document
December 17, 2012 Filed Dec 19, 2012 21:02 UTC
PETERSON SANDRA EGroup Worldwide Chairman
GrantRestricted Share Units · Derivative 21,689 $0.00 $0.00
Disclosure

SEC source: 0000200406-12-000157 · edgar.xml · derivative · entry 2

PETERSON SANDRA E · CIK 0001192752 · Group Worldwide Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,689

Underlying: Common Stock · 21,689 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Company Common Stock.

F3 · derivative.expiration_date: The Restricted Share Units vest on the second anniversary of the grant date.

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December 17, 2012 Filed Dec 19, 2012 21:02 UTC
PETERSON SANDRA EGroup Worldwide Chairman
GrantRestricted Share Units · Derivative 21,689 $0.00 $0.00
Disclosure

SEC source: 0000200406-12-000157 · edgar.xml · derivative · entry 1

PETERSON SANDRA E · CIK 0001192752 · Group Worldwide Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,689

Underlying: Common Stock · 21,689 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Share Unit represents a contingent right to receive one share of Company Common Stock.

F2 · derivative.expiration_date: The Restricted Share Units vest on the first anniversary of the grant date.

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December 13, 2012 Filed Dec 17, 2012 16:21 UTC Exercise / conversionEmployee Stock Option (Right to Buy) · Derivative 1,510 $0.00 Strike: $66.18 $0.00
Disclosure

SEC source: 0000200406-12-000154 · edgar.xml · derivative · entry 4

WELDON WILLIAM C · CIK 0001189019 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,510 shares

Expires 2015-02-13

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · security: Awarded under Issuer's Stock Option Plan and exercisable in full starting three years from date of grant.

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December 13, 2012 Filed Dec 17, 2012 16:21 UTC Exercise / conversionCommon Stock 1,510 $66.18 $99,931.80
Disclosure

SEC source: 0000200406-12-000154 · edgar.xml · nonDerivative · entry 1

WELDON WILLIAM C · CIK 0001189019 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 408,874

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
December 11, 2012 Filed Dec 13, 2012 23:42 UTC GrantDeferred Share Units · Derivative 526 $0.00 $0.00
Disclosure

SEC source: 0000200406-12-000152 · edgar.xml · derivative · entry 3

LINDQUIST SUSAN L · CIK 0001276829 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,362

Underlying: Common Stock · 526 shares

Expires not disclosed

F2 · derivative.exercise_price: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.exercise_date: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.expiration_date: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

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December 11, 2012 Filed Dec 13, 2012 23:42 UTC OtherDeferred Share Units · Derivative 116 $0.00 $0.00
Disclosure

SEC source: 0000200406-12-000152 · edgar.xml · derivative · entry 2

LINDQUIST SUSAN L · CIK 0001276829 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,836

Underlying: Common Stock · 116 shares

Expires not disclosed

F2 · derivative.exercise_price: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F3 · kind: Adjustment due to calculation error.

F2 · derivative.exercise_date: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.expiration_date: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

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December 11, 2012 Filed Dec 13, 2012 23:46 UTC GrantDeferred Share Units · Derivative 520 $0.00 $0.00
Disclosure

SEC source: 0000200406-12-000153 · edgar.xml · derivative · entry 3

JOHNS MICHAEL M E · CIK 0001221096 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,598

Underlying: Common Stock · 520 shares

Expires not disclosed

F2 · derivative.exercise_price: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.exercise_date: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.expiration_date: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 11, 2012 Filed Dec 13, 2012 23:46 UTC OtherDeferred Share Units · Derivative 116 $0.00 $0.00
Disclosure

SEC source: 0000200406-12-000153 · edgar.xml · derivative · entry 2

JOHNS MICHAEL M E · CIK 0001221096 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,078

Underlying: Common Stock · 116 shares

Expires not disclosed

F2 · derivative.exercise_price: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F3 · kind: Adjustment due to calculation error.

F2 · derivative.exercise_date: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.expiration_date: The Deferred Share Units acquired under the Issuer's Amended and Restated Deferred Fee Plan for Directors are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

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December 11, 2012 Filed Feb 1, 2013 17:52 UTC GrantCommon Stock · Derivative 131 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000015 · edgar.xml · derivative · entry 1

Washington A. Eugene · CIK 0001561989 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 131

Underlying: Common Stock · 131 shares

Expires not disclosed

F1 · derivative.exercise_price: The Deferred Share Units acquired under the Issuer's Executive Income Deferral Plan are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.exercise_date: The Deferred Share Units acquired under the Issuer's Executive Income Deferral Plan are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.expiration_date: The Deferred Share Units acquired under the Issuer's Executive Income Deferral Plan are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 11, 2012 Filed Feb 13, 2013 20:09 UTC
CULLEN JAMESDirector
OtherDeferred Share Units · Derivative 289 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000024 · edgar.xml · derivative · entry 2

CULLEN JAMES · CIK 0001142630 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,704

Underlying: Common Stock · 289 shares

Expires not disclosed

F2 · derivative.exercise_price: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.exercise_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.expiration_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 11, 2012 Filed Feb 13, 2013 20:11 UTC
Davis IanDirector
OtherDeferred Share Units · Derivative 25 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000025 · edgar.xml · derivative · entry 2

Davis Ian · CIK 0001494009 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 719

Underlying: Common Stock · 25 shares

Expires not disclosed

F1 · derivative.exercise_price: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.exercise_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.expiration_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

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December 11, 2012 Filed Feb 13, 2013 20:15 UTC OtherDeferred Share Units · Derivative 25 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000028 · edgar.xml · derivative · entry 2

MULCAHY ANNE M · CIK 0001201725 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 719

Underlying: Common Stock · 25 shares

Expires not disclosed

F1 · derivative.exercise_price: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.exercise_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.expiration_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 11, 2012 Filed Feb 13, 2013 20:26 UTC
MULLIN LEO FDirector
OtherDeferred Share Units · Derivative 97 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000029 · edgar.xml · derivative · entry 3

MULLIN LEO F · CIK 0001192205 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,346

Underlying: Common Stock · 97 shares

Expires not disclosed

F2 · derivative.exercise_price: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.exercise_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.expiration_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 11, 2012 Filed Feb 13, 2013 20:34 UTC OtherDeferred Share Units · Derivative 222 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000031 · edgar.xml · derivative · entry 3

PRINCE CHARLES · CIK 0001225179 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,285

Underlying: Common Stock · 222 shares

Expires not disclosed

F2 · derivative.exercise_price: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.exercise_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F2 · derivative.expiration_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 11, 2012 Filed Feb 13, 2013 20:33 UTC OtherDeferred Share Units · Derivative 209 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000030 · edgar.xml · derivative · entry 3

PEREZ WILLIAM D · CIK 0001184649 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,903

Underlying: Common Stock · 209 shares

Expires not disclosed

F1 · derivative.exercise_price: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.exercise_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.expiration_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 11, 2012 Filed Feb 13, 2013 20:38 UTC OtherDeferred Share Units · Derivative 25 $0.00 $0.00
Disclosure

SEC source: 0000200406-13-000034 · edgar.xml · derivative · entry 2

WILLIAMS RONALD A · CIK 0001185243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 719

Underlying: Common Stock · 25 shares

Expires not disclosed

F1 · derivative.exercise_price: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.exercise_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

F1 · derivative.expiration_date: Dividends accrued under the Issuer's Amended and Restated Deferred Fee Plan for Directors. Deferred Share Units are to be settled in cash upon the Reporting Person's Retirement (with each Deferred Share Unit representing the fair market value of one share of Common Stock on the settlement date).

Read SEC document
December 07, 2012 Filed Dec 10, 2012 23:10 UTC Exercise / conversionNon-Employee Director Stock Options (Right to Buy) · Derivative 7,600 $0.00 Strike: $53.93 $0.00
Disclosure

SEC source: 0000200406-12-000151 · edgar.xml · derivative · entry 3

LINDQUIST SUSAN L · CIK 0001276829 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,600 shares

Expires 2014-02-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · security: Awarded under the Stock Option Plan for Non-Employee Directors and exercisable in full one day after the first anniversary of the grant.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.