Jennifer Honeycutt - Sep 30, 2023 Form 4/A - Amendment Insider Report for Veralto Corp (VLTO)

Role
President and CEO, Director
Signature
/s/ James Tanaka, as attorney-in-fact
Stock symbol
VLTO
Transactions as of
Sep 30, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
10/27/2023, 05:02 PM
Date Of Original Report
Oct 3, 2023
Previous filing
Sep 11, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLTO Common Stock Award +102K +8714.13% 104K Sep 30, 2023 Direct F1, F2, F3
transaction VLTO Common Stock Award $0 +17.6K $0.00 17.6K Oct 2, 2023 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VLTO Employee stock option (right to buy) Award +28K 28K Sep 30, 2023 Common stock 28K $22.04 Direct F1, F5
transaction VLTO Employee stock option (right to buy) Award +11.6K 11.6K Sep 30, 2023 Common stock 11.6K $26.61 Direct F1, F5
transaction VLTO Employee stock option (right to buy) Award +31.9K 31.9K Sep 30, 2023 Common stock 31.9K $28.76 Direct F1, F5
transaction VLTO Employee stock option (right to buy) Award +34.7K 34.7K Sep 30, 2023 Common stock 34.7K $33.19 Direct F1, F5
transaction VLTO Employee stock option (right to buy) Award +39.6K 39.6K Sep 30, 2023 Common stock 39.6K $37.92 Direct F1, F6
transaction VLTO Employee stock option (right to buy) Award +11.1K 11.1K Sep 30, 2023 Common stock 11.1K $43.79 Direct F1, F7
transaction VLTO Employee stock option (right to buy) Award +38.5K 38.5K Sep 30, 2023 Common stock 38.5K $52.40 Direct F1, F8
transaction VLTO Employee stock option (right to buy) Award +36.1K 36.1K Sep 30, 2023 Common stock 36.1K $62.93 Direct F1, F9
transaction VLTO Employee stock option (right to buy) Award +9.88K 9.88K Sep 30, 2023 Common stock 9.88K $74.51 Direct F1, F10
transaction VLTO Employee stock option (right to buy) Award +53.3K 53.3K Sep 30, 2023 Common stock 53.3K $74.51 Direct F1, F11
transaction VLTO Employee stock option (right to buy) Award +51.2K 51.2K Sep 30, 2023 Common stock 51.2K $90.73 Direct F1, F11
transaction VLTO Employee stock option (right to buy) Award +56.8K 56.8K Sep 30, 2023 Common stock 56.8K $83.23 Direct F1, F12
transaction VLTO Employee stock option (right to buy) Award +33.2K 33.2K Sep 30, 2023 Common stock 33.2K $85.12 Direct F1, F13
transaction VLTO Employee stock option (right to buy) Award +6.64K 6.64K Sep 30, 2023 Common stock 6.64K $85.12 Direct F1, F14
transaction VLTO Veralto Exec Deferred Incentive Program - Veralto Stock Fund Award +44.2K 44.2K Sep 30, 2023 Common stock 44.2K $0.00 Direct F1, F15, F16, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off").
F2 Represents performance stock units and restricted stock units ("RSUs") issued by Danaher and converted into RSUs of Veralto. 77,758 RSUs have vested and 24,633 remain unvested as of the Spin-off, including (i) 12,273 RSUs vesting in five equal annual installments beginning on February 24, 2020, (ii) 3,443 RSUs vesting in three equal annual installments beginning on May 15, 2022 and (iii) 21,028 RSUs vesting in four equal annual installments beginning on February 24, 2024.
F3 Includes shares received in the Spin-off with respect to shares of Danaher common stock held prior to the Spin-off.
F4 Represents (i) 14,686 RSUs granted in connection with the Separation that will vest in two equal annual installments beginning October 2, 2026, and (ii) 2,938 RSUs granted in connection with the Separation that will vest in three equal annual installments beginning on October 2, 2024, subject to continued employment.
F5 Represent stock options that are fully vested.
F6 Represents stock options that vest in five equal annual installments beginning on February 24, 2020, subject to continued employment.
F7 Represents stock options that vest in three equal annual installments beginning on May 15, 2022, subject to continued employment.
F8 Represents stock options that vest in three equal annual installments beginning on February 24, 2023, subject to continued employment.
F9 Represents stock options that vest in three equal annual installments beginning on July 15, 2023, subject to continued employment.
F10 Represents stock options that vest in three equal annual installments beginning on February 24, 2024, subject to continued employment.
F11 Represents stock options that vest in two equal annual installments beginning on February 24, 2025, subject to continued employment.
F12 Represents stock options that vest in two equal annual installments beginning on February 24, 2026, subject to continued employment.
F13 Represents stock options granted in connection with the Separation that will vest in two equal annual installments beginning on October 2, 2026, subject to continued employment.
F14 Represents employee stock options granted in connection with the Separation that will vest in three equal annual installments beginning on October 2, 2024, subject to continued employment.
F15 Represents phantom shares in Veralto's stock fund (the "EDIP Stock Fund") under the Veralto Corporation Executive Deferred Compensation Program (the "EDIP"). Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Veralto common stock.
F16 The notional shares convert on a one-for-one basis.
F17 The vesting terms and manner and form of distribution of amounts contributed or deferred under the EDIP are based upon the provisions of the plan, which provisions are summarized in the Registration Statement on Form 10 filed by Veralto with the Securities and Exchange Commission.

Remarks:

This Form 4 Amendment is being filed to reflect the final number of shares reported in Table I, Row 1, Column 4 of the Reporting Person's Form 4 filed on October 3, 2023 based on the final determination of the number of performance stock units issued by Danaher that were subsequently converted into RSUs of Veralto held as of the date of this Form 4 filing.