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*
OKARMA JEROME D
(Last) (First) (Middle)
5757 N. GREEN BAY AVENUE
P.O. BOX 591
(Street)
MILWAUKEE WI 53201-0591
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
JOHNSON CONTROLS INC [ JCI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Assistant Secretary
3. Date of Earliest Transaction (Month/Day/Year)
04/26/2004
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 04/26/2004 M 4,700 D $15.9219 10,148.714(1) D
Common Stock 04/26/2004 S 2,900 D $58 7,248.714 D
Common Stock 04/26/2004 S 800 D $58.01 6,448.714 D
Common Stock 04/26/2004 S 600 D $58.02 5,848.714 D
Common Stock 04/26/2004 S 200 D $58.03 5,648.714 D
Common Stock 04/26/2004 S 100 D $58.05 5,548.714 D
Common Stock 04/26/2004 S 100 D $58.06 5,448.714 D
Common Stock 04/27/2004 M 1,900 D $15.9219 7,348.714 D
Common Stock 04/27/2004 M 13,200 D $18.4688 20,548.714 D
Common Stock 04/27/2004 S 15,100 D $58 5,448.714 D
Common Stock 10,375.86(3)(4)(2) I By 401(k) Plan Trust
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
Phantom Stock Units/Excess 401(k) Plan (5) (6) (6) Common Stock 2,092 2,092(7)(8)(9) D
Stock Option $15.9219 04/26/2004 M 4,700 11/15/1997 11/15/2005 Common Stock 4,700(10) $15.9219 1,900(10) D
Stock Option $15.9219 04/27/2004 M 1,900 11/15/1997 11/15/2005 Common Stock 1,900 $15.9219 0 D
Stock Option $18.4688 04/27/2004 M 13,200 11/20/1998 11/20/2006 Common Stock 13,200(11) $18.4688 0 D
Stock Option $22.5469 11/19/1999 11/19/2007 Common Stock 14,000 14,000(12) D
Stock Option $28.8907 11/18/2000 11/18/2008 Common Stock 16,000 16,000(13) D
Stock Option $29.2032 11/17/2001 11/17/2009 Common Stock 14,000 14,000(12) D
Stock Option $28.4219 11/15/2002 11/15/2010 Common Stock 16,000 16,000(13) D
Stock Option $40.115 11/14/2003(14) 11/14/2011 Common Stock 14,000 14,000(12) D
Stock Option $40.2975 11/20/2004(14) 11/20/2012 Common Stock 16,000 16,000(13) D
Stock Option $52.55 11/19/2005(14) 11/19/2013 Common Stock 16,000 16,000(13) D
Explanation of Responses:
1. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 2,724 additional shares.
2. Includes 1,099.635 shares of the preferred stock units which were converted to 2,199.27 shares of common stock on 12/31/2003 by the trustee of the plan.
3. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 5,023.163 additional shares. An additional 78.97 were acquired through the reinvestment of dividends on December 31, 2003, and March 31, 2004, at prices of $58.06 and $59.15, and ongoing payroll contributions and a company match totaling 250.564 shares.
4. The number of underlying securities is based on the stock fund balance on 4/26/2004. The actual number of shares issuable upon the distribution date is not determinable since the stock fund is a unitized account consisting of 96% company stock and 4% money market fund. The stock account balance reflected in this report is based on a 4/26/2004 stock fund price of $57.84 per share.
5. The phantom stock units convert to the common stock's cash value on a one-for-one basis.
6. The phantom stock units were accrued under the Johnson Controls Equalization 401(k) Benefit Plan and are to be settled 100% in cash upon the reporting person's retirement.
7. The 300 phantom preferred stock units held in the Excess 401(k) Plan were converted to 600 phantom common stock units on 12/31/2003 by the trustee of the plan.
8. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 900 additional phantom stock units.
9. Includes 292 phantom stock units acquired through the reinvestment of dividends on December 31, 2003, and March 31, 2004, and a company match.
10. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 3,300 additional stock options. The price of the option was adjusted proportionately.
11. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 6,600 additional stock options. The price of the option was adjusted proportionately.
12. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 7,000 additional stock options. The price of the option was adjusted proportionately.
13. On January 2, 2004, the common stock of Johnson Controls, Inc., split 2-for-1, resulting in the reporting person's acquisition of 8,000 additional stock options. The price of the option was adjusted proportionately.
14. Fifty percent of the options become exercisable two years after the grant date; the remaining 50%, three years after grant date.
Remarks:
Arlene D. Gumm, Attorney-in-Fact for Jerome D. Okarma 04/27/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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