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Fortive Corp — Director's Dealing 2017
Jul 18, 2017
30364_dirs_2017-07-18_02e0ec4c-9cbd-4ac9-a9b4-b9d61d43a56d.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: 2017-07-14
Reporting Person: Ratnakar Raj (VP - Strategic Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-14 | Common Stock | M | 519 | — | Acquired | 519 | Direct |
| 2017-07-14 | Common Stock | F | 159 | $64.56 | Disposed | 360 | Direct |
| 2017-07-14 | Common Stock | M | 476 | — | Acquired | 836 | Direct |
| 2017-07-14 | Common Stock | F | 146 | $64.56 | Disposed | 690 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-14 | Restricted Stock Unit | $ | M | 519 | Disposed | Common Stock (519.0) | Direct | |
| 2017-07-14 | Restricted Stock Unit | $ | M | 476 | Disposed | Common Stock (476.0) | Direct |
Footnotes
F1: Restricted stock units are payable in shares of common stock on a one-to-one basis.
F2: In connection with the separation of the Issuer from Danaher Corporation ("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 2,075 Restricted Stock Units of the Issuer vesting in four remaining equal annual installments beginning on July 15, 2016.
F3: 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 2,378 Restricted Stock Units of the Issuer vesting in five equal annual installments beginning on July 15, 2016.