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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.