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Fortive Corp — Director's Dealing 2016
Jul 18, 2016
30364_dirs_2016-07-18_6bb9abf7-91ea-4329-9b58-528d703aa6a2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2016-07-15
Reporting Person: Walker Stacey A. (SVP - Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-15 | Common Stock | M | 390 | — | Acquired | 516 | Direct |
| 2016-07-15 | Common Stock | F | 107 | $51.23 | Disposed | 409 | Direct |
| 2016-07-15 | Common Stock | M | 357 | — | Acquired | 766 | Direct |
| 2016-07-15 | Common Stock | F | 98 | $51.23 | Disposed | 668 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-15 | Restricted Stock Unit | $ | M | 390 | Disposed | Common Stock (390.0) | Direct | |
| 2016-07-15 | Restricted Stock Unit | $ | M | 357 | Disposed | Common Stock (357.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 345 | Indirect |
Footnotes
F1: Restricted stock units are payable in shares of common stock on a one-to-one basis.
F2: Includes shares of Issuer common stock received in connection with the separation of Issuer from Danaher Corporation ("Danaher") and the distribution, by means of a pro rata dividend, of Issuer's common stock held by Danaher to the Danaher stockholders of record as of June 15, 2016 (except fractional shares, which were aggregated and sold into the public market and the proceeds distributed to Danaher stockholders that otherwise would have received such fractional shares) in an exempt transaction pursuant to Rule 16a-9.
F3: Based on the closing price of Issuer common stock on July 15, 2016.
F4: In connection with the separation of the Issuer from Danaher, Restricted Stock Units issued by Danaher on July 15, 2014 to the Reporting Person that remained unvested as of July 2, 2016 were converted into 1,558 Restricted Stock Units of the Issuer vesting in four remaining equal annual installments beginning on July 15, 2016.
F5: In connection with the separation of the Issuer from Danaher, Restricted Stock Units issued by Danaher on July 15, 2015 to the Reporting Person that remained unvested as of July 2, 2016 were converted into 1,784 Restricted Stock Units of the Issuer vesting in five equal annual installments beginning on July 15, 2016.