X0303 4 2010-12-17 0000200406 JOHNSON & JOHNSON JNJ 0001189008 GOGGINS COLLEEN A JOHNSON & JOHNSON ONE JOHNSON & JOHNSON PLAZA NEW BRUNSWICK NJ 08933 0 1 0 0 Member, Executive Committee Common 2010-12-17 4 M 0 1700 57.30 A 107622 D Common 2010-12-17 4 F 0 1561 62.40 D 106061 D Common 2010-12-17 4 M 0 1915 52.20 A 107976 D Common 2010-12-17 4 F 0 1601 62.40 D 106375 D Common 2010-12-17 4 M 0 1850 53.93 A 108225 D Common 2010-12-17 4 F 0 1598 62.40 D 106627 D Common 2010-11-30 5 J 0 10 A 182 I Johnson & Johnson Stock Fund under the 401(k) Savings Plan Common 1029 I ESOP under the 401(k) Savings Plan Phantom Stock Units Common Stock 0 17462 D Employee Stock Options (Right to Buy) 57.30 2010-12-17 4 M 0 1700 0 D 2005-02-11 2012-02-10 Common Stock 1700 0 D Employee Stock Options (Right to Buy) 52.20 2010-12-17 4 M 0 1915 0 D 2006-02-10 2013-02-08 Common Stock 1915 0 D Employee Stock Options (Right to Buy) 53.93 2010-12-17 4 M 0 1850 0 D 2007-02-09 2014-02-07 Common Stock 1850 0 D Shares acquired in the Johnson & Johnson Stock Fund under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (11/30/2010). Shares held by ESOP under Johnson & Johnson's 401(k) Savings Plan as of Plan's most recent reporting date (11/30/2010). The Phantom Stock converts into common stock on a one-for-one basis. Phantom Stock Units held under the Issuer's Executive Income Deferral Plan are to be settled in cash upon the Reporting Person's Retirement (with each Phantom Stock Unit representing the fair market value of one share of Common Stock on the settlement date). Alternatively, the cash value represented by the Phantom Stock Units may be transferred by the Reporting Person into an alternative investment account under the Plan at any time. Awarded under Issuer's Stock Option Plan and exercisable in full starting three years from date of grant. Linda E. King, Attorney-in-Fact for Colleen A. Goggins 2010-12-20