DANAHER CORP /DE/ — Director's Dealing 2014

Nov 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DANAHER CORP /DE/ (DHR)
CIK: 0000313616
Period of Report: 2014-10-24

Reporting Person: Joyce Thomas Patrick JR (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-24	Common Stock	G	285	—	Disposed	105524	Direct
2014-11-03	Common Stock	M	50000	$32.07	Acquired	155524	Direct
2014-11-03	Common Stock	S	50000	$79.968	Disposed	105524	Direct
2014-11-04	Common Stock	A	45155	—	Acquired	150679	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-03	Employee stock option (right to buy)	$32.07	M	50000	Disposed	2026-05-26	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1269	Indirect

Footnotes

F1: Fifty percent of the options granted vested on each of the fourth and fifth anniversaries of the grant date, which was May 26, 2006.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.74 to 80.32, 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.

F3: On July 30, 2013, the Compensation Committee of the Company's Board of Directors awarded the reporting person performance based
restricted stock units. This Form 4 is being filed in connection with the determination by the Compensation Committee that the performance criteria of the award have been achieved. The award remains subject to time-based vesting provisions.