Peter Fasolo Form 4 JOHNSON & JOHNSON / Peter Fasolo ownership change

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^*

Fasolo Peter

(Last) (First) (Middle)

ONE JOHNSON & JOHNSON PLAZA

(Street)

NEW BRUNSWICK NJ 08933

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JOHNSON & JOHNSON [ JNJ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Exec VP, Chief HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/24/2022

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	10/24/2022		M		78,458	A	$115.67	193,134.0055	D
Common Stock	10/24/2022		S		26	D	$171.362	193,108.0055	D
Common Stock	10/24/2022		S		91	D	$170.762	193,017.0055	D
Common Stock	10/24/2022		S		98	D	$171.362	192,919.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	191,519.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	191,619.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	192,419.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	191,319.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	192,719.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	191,419.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	191,919.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	192,119.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	192,219.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	192,319.0055	D
Common Stock	10/24/2022		S		100	D	$171.362	191,119.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	190,319.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	189,019.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	190,519.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	189,119.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	189,919.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	188,719.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	190,019.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	188,919.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	190,619.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	189,219.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	190,719.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	189,519.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	190,819.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	189,719.0055	D
Common Stock	10/24/2022		S		100	D	$170.762	189,819.0055	D

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
Employee Stock Options (Right to Buy)	$115.67	10/24/2022		M			78,458	02/14/2020	02/13/2027	Common Stock	78,458	$0.0000(1)	0.0000	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $170.00 to $172.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	Raavi K. Deol, as attorney-in-fact for Peter Fasolo	10/26/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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