Fortive Corp — Director's Dealing 2021

Dec 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2021-11-30

Reporting Person: Hulit Barbara B. (President & CEO of AHS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-30	Common Stock	M	6999	$24.75	Acquired	95292	Direct
2021-11-30	Common Stock	M	5400	$31.07	Acquired	100692	Direct
2021-11-30	Common Stock	M	2400	$30.42	Acquired	103092	Direct
2021-11-30	Common Stock	M	2000	$35.31	Acquired	105092	Direct
2021-11-30	Common Stock	S	16799	$76.181	Disposed	88293	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-30	Employee Stock Option (Right to Buy)	$24.75	M	6999	Disposed	2023-02-21	Common Stock (6999.0)	Direct
2021-11-30	Employee Stock Option (Right to Buy)	$31.07	M	5400	Disposed	2024-02-24	Common Stock (5400.0)	Direct
2021-11-30	Employee Stock Option (Right to Buy)	$30.42	M	2400	Disposed	2024-05-15	Common Stock (2400.0)	Direct
2021-11-30	Employee Stock Option (Right to Buy)	$35.31	M	2000	Disposed	2025-02-24	Common Stock (2000.0)	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 $76.000 to $76.395. 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"), the stock options issued by Danaher on February 21, 2013 ("2013 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth 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 46,609 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.

F4: Prior to the Separation, the stock options issued by Danaher on February 24, 2014 ("February 2014 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the February 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 37,591 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.

F5: Prior to the Separation, the stock options issued by Danaher on May 15, 2014 ("May 2014 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the May 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 17,381 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.

F6: Prior to the Separation, the stock options issued by Danaher on February 24, 2015 ("2015 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth 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 39,989 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.