X0303 4 2011-01-10 0000200406 JOHNSON & JOHNSON JNJ 0001385325 Caruso Dominic J JOHNSON & JOHNSON ONE JOHNSON & JOHNSON PLAZA NEW BRUNSWICK NJ 08933 0 1 0 0 Chief Financial Officer Common Stock 37563 D Common Stock 40 I Johnson & Johnson Stock Fund in the 401(k) Savings Plan Common Stock 225 I ESOP in the 401(k) Savings Plan Phantom Stock Units 2011-01-10 4 A 0 2170 0 A Common Stock 2170 9109 D Employee Stock Option (Right to Buy) 62.20 2011-01-10 4 A 0 145447 0 A 2014-01-11 2021-01-10 Common Stock 145447 145447 D Restricted Share Units 2011-01-10 4 A 0 12121 0 A 2014-01-10 Common Stock 12121 12121 D Shares held in the Johnson & Johnson Stock Fund under the Johnson & Johnson 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2010). Shares held by ESOP under the Johnson & Johnson 401(k) Savings Plan as of Plan's most recent reporting date (12/31/2010). Phantom Stock Units awarded under the Issuer's Executive Incentive Plan on January 10, 2011 at $62.20 per share 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. The Phantom Stock converts into common stock on a one-for-one basis. Awarded under Issuer's Long-Term Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one share of Company Common Stock. The Restricted Share Units vest three years after date of grant. Linda E. King, as Attorney-in-Fact for Dominic J. Caruso 2011-01-12