Filing Details

Accession Number:
0001659166-24-000063
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-01 17:23:51
Reporting Period:
2024-02-28
Accepted Time:
2024-03-01 17:23:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1659166 Fortive Corp FTV Industrial Instruments For Measurement, Display, And Control (3823) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1670836 A. Stacey Walker 6920 Seaway Blvd
Everett WA 98203
Svp - Human Resources No 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 2024-02-28 2,331 $33.36 45,664 No 4 M Direct
Common Stock Disposition 2024-02-28 9,106 $86.50 36,558 No 4 S Direct
Common Stock Disposition 2024-02-29 842 $85.11 35,716 No 4 S Direct
Common Stock Disposition 2024-02-29 495 $86.29 35,221 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 F 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 2024-02-28 2,331 $0.00 2,331 $33.36
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-11-15 No 4 M Direct
Footnotes
  1. The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.33 to $86.56. 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.
  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 $85.105 to $85.110. 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. This transaction relates to the withholding of shares for tax purposes in connection with the vesting and distribution of performance stock units.
  4. Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-fifth of the stock options issued by Danaher on November 15, 2014 ("2014 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversaries of the grant date. In connection with the Separation, the 2014 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 1,938 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.