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Fortive Corp — Director's Dealing 2017
Feb 27, 2017
30364_dirs_2017-02-27_45126042-684f-47be-b9d2-ea64e903ff98.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: 2017-02-23
Reporting Person: Byrne Patrick J (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-24 | Common Stock | M | 958 | — | Acquired | 8348 | Direct |
| 2017-02-24 | Common Stock | M | 1441 | — | Acquired | 9789 | Direct |
| 2017-02-24 | Common Stock | M | 3590 | — | Acquired | 13379 | Direct |
| 2017-02-24 | Common Stock | F | 2225 | $57.79 | Disposed | 11154 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-23 | Employee Stock Option (Right to Buy) | $57.26 | A | 29480 | Acquired | 2027-02-23 | Common Stock (29480.0) | Direct |
| 2017-02-24 | Restricted Stock Unit | $ | M | 958 | Disposed | Common Stock (958.0) | Direct | |
| 2017-02-24 | Restricted Stock Unit | $ | M | 1441 | Disposed | Common Stock (1441.0) | Direct | |
| 2017-02-24 | Restricted Stock Unit | $ | M | 3590 | Disposed | Common Stock (3590.0) | Direct |
Footnotes
F1: Restricted stock units are payable in shares of common stock on a one-to-one basis.
F2: One third of the options granted vest on each of the third, fourth, and fifth anniversary of the grant date.
F3: In connection with the separation of the Issuer from Danaher Corporation ("Danaher"), Restricted Stock Units issued by Danaher on February 24, 2014 to the Reporting Person that remained unvested as of July 2, 2016 were converted into 2,872 Restricted Stock Units of the Issuer vesting in three remaining equal annual installments beginning on February 24, 2017.
F4: In connection with the separation of the Issuer from Danaher, Restricted Stock Units issued by Danaher on February 24, 2015 to the Reporting Person that remained unvested as of July 2, 2016 were converted into 5,764 Restricted Stock Units of the Issuer vesting in four remaining equal annual installments beginning on February 24, 2017.
F5: In connection with the separation of the Issuer from Danaher, Restricted Stock Units issued by Danaher on February 24, 2016 to the Reporting Person that remained unvested as of July 2, 2016 were converted into 17,946 Restricted Stock Units of the Issuer vesting in five equal annual installments beginning on February 24, 2017.