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Filing Details

Accession Number:
0001659166-18-000132
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-03 17:01:13
Reporting Period:
2018-05-01
Accepted Time:
2018-05-03 17:01:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1659166 Fortive Corp FTV () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1210231 A James Lico 6920 Seaway Blvd
Everett WA 98203
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-05-01 14,286 $72.04 19,345 No 4 I Indirect By 401(k)
Common Stock Acquisiton 2018-05-02 75,000 $12.83 307,442 No 4 M Direct
Common Stock Disposition 2018-05-02 75,000 $71.93 232,442 No 4 S Direct
Common Stock Disposition 2018-05-02 9,642 $0.00 222,800 No 5 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 I Indirect By 401(k)
No 4 M Direct
No 4 S Direct
No 5 G Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2018-05-02 75,000 $0.00 75,000 $12.83
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
123,298 2019-02-24 No 4 M Direct
Footnotes
  1. The 401(k) plan trustee has unilaterally determined to eliminate as an investment option within the 401(k) plan the unitized Danaher stock fund holding shares of common stock of Danaher Corporation ("Danaher") that existed prior to the separation of the Issuer from Danaher on July 2, 2016 (the "Separation"). This transaction relates to the reinvestment of such proceeds into the unitized Fortive stock fund holding shares of the Issuer's common stock within the 401(k) plan.
  2. The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.90 to $71.94. 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.
  3. Prior to the Separation, one-half of the stock options issued by Danaher on February 24, 2009 ("2009 Danaher Options") to the Reporting Person became exercisable on the fourth and fifth anniversary of the grant date. In connection with the Separation, such fully-vested 2009 Danaher Options that remained unexercised as of July 2, 2016 were converted into fully-vested stock options to purchase 248,298 shares of the Issuer's common stock.