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Fortive Corp — Director's Dealing 2017
Feb 27, 2017
30364_dirs_2017-02-27_7df3cdd1-7e25-4225-91b0-7840325b29b0.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: McLaughlin Charles E (SVP - Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-23 | Common Stock | S | 3294 | $57.463 | Disposed | 0 | Direct |
| 2017-02-24 | Common Stock | M | 4785 | — | Acquired | 4785 | Direct |
| 2017-02-24 | Common Stock | F | 1228 | $57.79 | Disposed | 3557 | 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 | 53590 | Acquired | 2027-02-23 | Common Stock (53590.0) | Direct |
| 2017-02-24 | Restricted Stock Unit | $ | M | 4785 | Disposed | Common Stock (4785.0) | Direct |
Footnotes
F1: The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.450 to $57.466, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F2: Restricted stock units are payable in shares of common stock on a one-to-one basis.
F3: One third of the options granted vest on each of the third, fourth, and fifth anniversary of the grant date.
F4: In connection with the separation of the Issuer from Danaher Corporation ("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 23,921 Restricted Stock Units of the Issuer vesting in five equal annual installments beginning on February 24, 2017.