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DANAHER CORP /DE/ — Director's Dealing 2014
May 2, 2014
29832_dirs_2014-05-02_116e70d4-1aad-4208-b901-673da2b03249.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DANAHER CORP /DE/ (DHR)
CIK: 0000313616
Period of Report: 2014-05-01
Reporting Person: Beck Mark A (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-05-01 | Executive Deferred Incentive Program -- Danaher Stock Fund | $0 | A | 690.3 | Acquired | Common Stock (690.3) | Direct |
Footnotes
F1: Compensation deferred or contributed into the Danaher stock fund (the "EDIP Stock Fund") included in Danaher's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of Danaher common stock based on the closing price of Danaher common stock as reported on the NYSE on the last business day before the date such compensation is credited to the EDIP Stock Fund. The price shown in Table II, Column 8 above is the closing price per share of Danaher common stock as reported on the NYSE on April 30, 2014.
F2: The notional shares convert on a one-for-one basis.
F3: In accordance with the terms of the EDIP, in connection with the reporting person's commencement of employment with Danaher, Danaher credited a specified amount to the EDIP Stock Fund of the reporting person as of May 1, 2014, which amount has been deemed to be invested in a number of unfunded, notional shares of Danaher common stock based on the closing price of Danaher common stock as reported on the NYSE on April 30, 2014.
F4: The reporting person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The reporting person will vest in all company contributions to the EDIP Stock Fund as follows: 100% upon the earlier of the reporting person's death, or upon retirement following at least 5 years of service with Danaher and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of vesting participation, in each case in accordance with the plan. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Danaher common stock.