DANAHER CORP /DE/ — Director's Dealing 2010

Feb 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DANAHER CORP /DE/ (DHR)
CIK: 0000313616
Period of Report: 2010-02-23

Reporting Person: LUTZ ROBERT S (SVP-Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-23	Common stock	M	2500	—	Acquired	2500	Direct
2010-02-23	Common stock	F	845	$74.64	Disposed	1655	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-23	Performance based restricted stock units	$0	M	2500	Disposed	2010-02-23	Common Stock (2500)	Direct
2010-02-23	Employee stock option (right to buy)	$74.64	A	14730	Acquired	2020-02-23	Common stock (14730)	Direct

Footnotes

F1: Each performance based restricted stock unit represents the right to receive one share of Company common stock.

F2: One-third of the options granted vest on each of the third, fourth and fifth anniversaries of the grant date.