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Fortive Corp — Director's Dealing 2021
Feb 27, 2021
30364_dirs_2021-02-26_4dd69b02-5da9-40d7-b820-b941eb997804.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2021-02-24
Reporting Person: Simmons Edward Read (SVP - Strategy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-24 | Common Stock | A | 6645 | — | Acquired | 6645 | Direct |
| 2021-02-24 | Common Stock | A | 17710 | — | Acquired | 24355 | Direct |
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 | 23480 | Acquired | 2031-02-24 | Common Stock (23480.0) | Direct |
Footnotes
F1: On February 24, 2021, 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: Restricted stock units are payable in shares of common stock on a one-to-one basis.
F3: On February 24, 2021, the Committee granted the Reporting Person additional RSUs as a sign-on award (the "Sign-On Award"). The Sign-On Award is subject only to time-based vesting provisions.
F4: One half of the options granted vest on each of the third and fourth anniversary of the grant date.