Fortive Corp — Director's Dealing 2018

Aug 10, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2018-08-08

Reporting Person: Walker Stacey A. (SVP - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-08	Common Stock	M	483	$24.59	Acquired	16960	Direct
2018-08-08	Common Stock	M	1049	$24.93	Acquired	18009	Direct
2018-08-08	Common Stock	M	1548	$32.78	Acquired	19557	Direct
2018-08-08	Common Stock	M	1942	$38.18	Acquired	21499	Direct
2018-08-08	Common Stock	M	5802	$40.12	Acquired	27301	Direct
2018-08-08	Common Stock	M	2164	$43.10	Acquired	29465	Direct
2018-08-08	Common Stock	S	16420	$80.71	Disposed	13045	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-08	Employee Stock Option (Right to Buy)	$24.59	M	483	Disposed	2021-07-26	Common Stock (483.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$24.93	M	1049	Disposed	2022-07-25	Common Stock (1049.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$32.78	M	1548	Disposed	2023-07-30	Common Stock (1548.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$38.18	M	1942	Disposed	2024-07-15	Common Stock (1942.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$40.12	M	5802	Disposed	2024-11-15	Common Stock (5802.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$43.1	M	2164	Disposed	2025-07-15	Common Stock (2164.0)	Direct

Footnotes

F1: The transaction was effectuated pursuant to a Rule 10b5-1 trading plan.

F2: The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.41 to $81.28. 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.

F3: 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 July 26, 2011 ("2011 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 2011 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 483 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 25, 2012 ("2012 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 2012 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 1,049 shares of the Issuer's common stock with identical vesting schedule.

F5: Prior to the Separation, one-fifth of the stock options issued by Danaher on July 30, 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 2,324 shares of the Issuer's common stock with identical vesting schedule.

F6: Prior to the Separation, one-fifth of the stock options issued by Danaher on July 15, 2014 ("July 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 July 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 3,886 shares of the Issuer's common stock with identical vesting schedule.

F7: Prior to the Separation, one-fifth of the stock options issued by Danaher on November 15, 2014 ("November 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 November 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 9,674 shares of the Issuer's common stock with identical vesting schedule.

F8: 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 5,411 shares of the Issuer's common stock with identical vesting schedule.