X0202 4 2007-02-16 0000200406 JOHNSON & JOHNSON JNJ 0001189019 WELDON WILLIAM C JOHNSON & JOHNSON ONE JOHNSON & JOHNSON PLAZA NEW BRUNSWICK NJ 08933 1 1 0 0 Chairman/CEO Common 224637 D Common 2234 I 401(k) and ESOP Savings Plans Common 28847 I By Wife Common 26681 I By GRAT Phantom Stock Units 2007-02-16 4 A 0 7329 0 A Common Stock 7329 31405 D Shares held under Johnson & Johnson's 401(k) and ESOP Savings Plans as of Plans' most recent reporting date (01/31/2007). The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Phantom Stock Units acquired under the Issuer's Executive Income Deferral Plan on February 16, 2007 at $65.49 per share are to be settled in cash upon the Reporting Person's Retirement. The Phantom Stock converts into common stock on a one-for-one basis. Linda E. King, Attorney-in-Fact for William C. Weldon 2007-02-21