Fortive Corp — Director's Dealing 2019

Nov 4, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2019-10-25

Reporting Person: Mulhall Christopher M. (VP - Chief Accounting Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6320	Direct
Common Stock	522	Indirect
Common Stock	4892	Indirect
Common Stock	848	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$24.59	2021-07-26	Common Stock (1926.0)		Direct
Employee Stock Option (Right to Buy)	$24.93	2022-07-25	Common Stock (2275.0)		Direct
Employee Stock Option (Right to Buy)	$32.78	2023-07-30	Common Stock (1742.0)		Direct
Employee Stock Option (Right to Buy)	$38.18	2024-07-15	Common Stock (1475.0)		Direct
Employee Stock Option (Right to Buy)	$43.1	2025-07-15	Common Stock (2172.0)		Direct
Employee Stock Option (Right to Buy)	$42.55	2026-02-24	Common Stock (3627.0)		Direct
Employee Stock Option (Right to Buy)	$45.64	2025-11-15	Common Stock (1680.0)		Direct
Employee Stock Option (Right to Buy)	$57.26	2027-02-23	Common Stock (3350.0)		Direct
Employee Stock Option (Right to Buy)	$62.22	2027-05-15	Common Stock (620.0)		Direct
Employee Stock Option (Right to Buy)	$76.68	2028-02-22	Common Stock (3060.0)		Direct
Employee Stock Option (Right to Buy)	$81.6	2029-02-25	Common Stock (3430.0)		Direct
Executive Deferred Incentive Program - Fortive Stock Fund	$		Common Stock (200.5)		Direct
Employee Stock Option (Right to Buy)	$18.7	2020-07-27	Common Stock (2398.0)		Indirect
Employee Stock Option (Right to Buy)	$24.59	2021-07-26	Common Stock (1926.0)		Indirect
Employee Stock Option (Right to Buy)	$24.93	2022-07-25	Common Stock (2275.0)		Indirect
Employee Stock Option (Right to Buy)	$32.78	2023-07-30	Common Stock (1742.0)		Indirect
Employee Stock Option (Right to Buy)	$38.18	2024-07-15	Common Stock (1947.0)		Indirect
Employee Stock Option (Right to Buy)	$43.1	2025-07-15	Common Stock (2521.0)		Indirect
Employee Stock Option (Right to Buy)	$42.55	2026-02-24	Common Stock (2541.0)		Indirect
Employee Stock Option (Right to Buy)	$57.26	2027-02-23	Common Stock (2150.0)		Indirect
Employee Stock Option (Right to Buy)	$76.68	2028-02-22	Common Stock (2040.0)		Indirect
Employee Stock Option (Right to Buy)	$81.6	2029-02-25	Common Stock (1960.0)		Indirect

Footnotes

F1: Includes 119 shares jointly owned with the Reporting Person's spouse and 3,575 Restricted Stock Units ("RSUs") held by the Reporting Person, with the RSUs subject to time-based vesting provisions and payable in shares of common stock on a one-to-one basis.

F2: Based on plan statement dated as of October 31, 2019.

F3: Includes 2,462 RSUs held by the Reporting Person's spouse, with the RSUs subject to time-based vesting provisions and payable in shares of common stock on a one-to-one basis.

F4: Options vests ratably on an annual basis over a five-year period from the date of grant.

F5: The reported securities are phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP").

F6: The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.

F7: The notional shares convert on a one-to-one basis.