Fortive Corp — Director's Dealing 2020

Feb 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2020-02-20

Reporting Person: Underwood Peter C (SVP - General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-20	Common Stock	A	4710	—	Acquired	36671	Direct
2020-02-21	Common Stock	F	821	$75.81	Disposed	35850	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-20	Employee Stock Option (Right to Buy)	$76.79	A	28530	Acquired	2030-02-20	Common Stock (28530.0)	Direct

Footnotes

F1: On February 20, 2020, the Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person restricted stock units ("RSUs"). This transaction is being reported to identify the portion of the RSUs that are subject only to time-based vesting provisions. Pursuant to the terms of the award, additional RSUs may be issued upon determination by the Committee that the corresponding performance criteria have been achieved.

F2: RSUs are payable in shares of common stock on a one-to-one basis.

F3: This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of performance-based restricted stock awards.

F4: One third of the options granted vest on each of the third, fourth, and fifth anniversary of the grant date.