DANAHER CORP /DE/ — Director's Dealing 2010

Oct 27, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DANAHER CORP /DE/ (DHR)
CIK: 0000313616
Period of Report: 2010-10-25

Reporting Person: LICO JAMES A (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-25	Common Stock	M	130000	$15.31	Acquired	130000	Direct
2010-10-25	Common Stock	S	130000	$42.926	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-25	Employee stock option (right to buy)	$15.31	M	130000	Disposed	2012-12-03	Common Stock (130000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9938	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.76 to 43.06, inclusive. The reporting person undertakes to provide to Danaher Corporation, any securityholder of Danaher Corporation, 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 ranges set forth in the footnotes to this Form 4.

F2: Fifty percent of the stock options became exercisable on each of December 3, 2006 and December 3, 2007.