AI assistant
Fortive Corp — Director's Dealing 2016
Jul 6, 2016
30364_dirs_2016-07-06_6ce10f23-08a0-4155-a526-1c4dcd424b62.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2016-07-05
Reporting Person: SPOON ALAN G (Director, Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-05 | Common Stock, par value $0.01 | A | 2405 | $0.00 | Acquired | 25078 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-05 | Director Stock Option | $48.60 | A | 7210 | Acquired | 2026-07-05 | Common | |
| Stock, | ||||||||
| par value | ||||||||
| $0.01 (7210) | Direct |
Footnotes
F1: Represents restricted stock units granted on July 5, 2016 and payable solely in common stock. The restricted stock units granted will vest at the earlier of July 5, 2017 or the date of the Issuer's 2017 annual meeting, but the underlying shares will not be issued until the earlier of the Reporting Person's death or the first day of the seventh month following the Reporting Person's retirement from the Board of Directors of the Issuer.
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 will be aggregated and sold into the public market and the proceeds distributed to Danaher stockholders that otherwise would have received such fractional shares) (the "Distribution") in an exempt transaction pursuant to Rule 16a-9.