Fortive Corp — Director's Dealing 2021

Feb 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2021-02-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-24	Common Stock	S	188	$67.50	Disposed	11854	Direct
2021-02-24	Common Stock	S	120	$67.50	Disposed	1907	Indirect
2021-02-24	Common Stock	F	71	$67.64	Disposed	11783	Direct
2021-02-24	Common Stock	F	59	$67.64	Disposed	1848	Indirect
2021-02-24	Common Stock	A	3690	—	Acquired	15473	Direct
2021-02-24	Common Stock	A	738	—	Acquired	2586	Indirect
2021-02-25	Common Stock	S	218	$67.38	Disposed	15255	Direct
2021-02-25	Common Stock	S	139	$67.38	Disposed	2447	Indirect
2021-02-25	Common Stock	F	65	$66.31	Disposed	15190	Direct
2021-02-25	Common Stock	F	47	$66.31	Disposed	2400	Indirect
2021-02-26	Common Stock	S	209	$66.53	Disposed	14981	Direct
2021-02-26	Common Stock	S	110	$66.53	Disposed	2290	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-24	Employee Stock Option (Right to Buy)	$67.64	A	11190	Acquired	2031-02-24	Common Stock (11190.0)	Direct
2021-02-24	Employee Stock Option (Right to Buy)	$67.64	A	2240	Acquired	2031-02-24	Common Stock (2240.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	526	Indirect
Common Stock	854	Indirect

Footnotes

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

F2: This transaction relates to the withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.

F3: On February 24, 2021, the Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"). The RSUs are subject only to time-based vesting provisions.

F4: Restricted stock units are payable in shares of common stock on a one-to-one basis.

F5: On February 24, 2021, the Committee awarded the Reporting Person' spouse RSUs. The RSUs are subject only to time-based vesting provisions.

F6: Based on plan statement dated as of January 31, 2021.

F7: Options vests ratably on an annual basis over a four-year period from the date of grant.