Barbara B. Hulit - Nov 30, 2021 Form 4 Insider Report for Fortive Corp (FTV)

Role
President & CEO of AHS
Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Nov 30, 2021
Transactions value $
-$795,133
Form type
4
Date filed
12/1/2021, 03:13 PM
Previous filing
Sep 28, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Options Exercise $173 K +7 K +7.93% $24.75 95.3 K Nov 30, 2021 Direct F1
transaction FTV Common Stock Options Exercise $168 K +5.4 K +5.67% $31.07 101 K Nov 30, 2021 Direct F1
transaction FTV Common Stock Options Exercise $73 K +2.4 K +2.38% $30.42 103 K Nov 30, 2021 Direct F1
transaction FTV Common Stock Options Exercise $70.6 K +2 K +1.94% $35.31 105 K Nov 30, 2021 Direct F1
transaction FTV Common Stock Sale -$1.28 M -16.8 K -15.99% $76.18 88.3 K Nov 30, 2021 Direct F1, F2

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 FTV Employee Stock Option (Right to Buy) Options Exercise $0 -7 K -12.48% $0.00 49.1 K Nov 30, 2021 Common Stock 7 K $24.75 Direct F1, F3
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -5.4 K -11.94% $0.00 39.8 K Nov 30, 2021 Common Stock 5.4 K $31.07 Direct F1, F4
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -2.4 K -11.48% $0.00 18.5 K Nov 30, 2021 Common Stock 2.4 K $30.42 Direct F1, F5
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -2 K -4.16% $0.00 46.1 K Nov 30, 2021 Common Stock 2 K $35.31 Direct F1, F6

Explanation of Responses:

Id Content
F1 The transaction was effectuated pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.000 to $76.395. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3 Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), the stock options issued by Danaher on February 21, 2013 ("2013 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the 2013 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 46,609 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.
F4 Prior to the Separation, the stock options issued by Danaher on February 24, 2014 ("February 2014 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the February 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 37,591 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.
F5 Prior to the Separation, the stock options issued by Danaher on May 15, 2014 ("May 2014 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the May 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 17,381 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.
F6 Prior to the Separation, the stock options issued by Danaher on February 24, 2015 ("2015 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the 2015 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 39,989 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.