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: Ratnakar Raj (VP - Strategic Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-08	Common Stock	M	1853	$25.52	Acquired	13244	Direct
2018-08-08	Common Stock	M	2690	$32.78	Acquired	15934	Direct
2018-08-08	Common Stock	M	2590	$38.18	Acquired	18524	Direct
2018-08-08	Common Stock	M	4326	$43.10	Acquired	22850	Direct
2018-08-08	Common Stock	M	14502	$42.55	Acquired	37352	Direct
2018-08-08	Common Stock	S	30912	$80.71	Disposed	6440	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-08	Employee Stock Option (Right to Buy)	$25.52	M	1853	Disposed	2022-11-01	Common Stock (1853.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$32.78	M	2690	Disposed	2023-07-30	Common Stock (2690.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$38.18	M	2590	Disposed	2024-07-15	Common Stock (2590.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$43.1	M	4326	Disposed	2025-07-15	Common Stock (4326.0)	Direct
2018-08-08	Employee Stock Option (Right to Buy)	$42.55	M	14502	Disposed	2026-02-24	Common Stock (14502.0)	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 November 1, 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 3,705 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 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 6,722 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 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 6,476 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, 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.

F7: Prior to the Separation, one-fifth of the stock options issued by Danaher on February 24, 2016 ("2016 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 2016 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 36,258 shares of the Issuer's common stock with identical vesting schedule.