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Fortive Corp — Director's Dealing 2018
Nov 5, 2018
30364_dirs_2018-11-05_0040354a-eb92-462b-bd75-81b5602e3c93.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: 2018-11-02
Reporting Person: Weaver Emily A. (VP - Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-02 | Common Stock | M | 2558 | $30.02 | Acquired | 9279 | Direct |
| 2018-11-02 | Common Stock | M | 1941 | $38.18 | Acquired | 11220 | Direct |
| 2018-11-02 | Common Stock | M | 4326 | $43.10 | Acquired | 15546 | Direct |
| 2018-11-02 | Common Stock | S | 9271 | $75.41 | Disposed | 6275 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-02 | Employee Stock Option (Right to Buy) | $30.02 | M | 2558 | Disposed | 2023-05-07 | Common Stock (2558.0) | Direct |
| 2018-11-02 | Employee Stock Option (Right to Buy) | $38.18 | M | 1941 | Disposed | 2024-07-15 | Common Stock (1941.0) | Direct |
| 2018-11-02 | Employee Stock Option (Right to Buy) | $43.1 | M | 4326 | Disposed | 2025-07-15 | Common Stock (4326.0) | 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 $75.220 to $75.459. 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: Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-fifth of the stock options issued by Danaher on May 7, 2013 ("2013 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversary of the grant date. In connection with the Separation, the 2013 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 2,558 shares of the Issuer's common stock with identical vesting schedule.
F3: Prior to the Separation, one-fifth of the stock options issued by Danaher on July 15, 2014 ("2014 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversary of the grant date. In connection with the Separation, the 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 2,590 shares of the Issuer's common stock with identical vesting schedule.
F4: Prior to the separation, one-fifth of the stock options issued by Danaher on July 15, 2015 ("2015 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversary of the grant date. In connection with the Separation, the 2015 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 7,214 shares of the Issuer's common stock with identical vesting schedule.