AI assistant
Fortive Corp — Director's Dealing 2021
Feb 25, 2021
30364_dirs_2021-02-24_2f1098d9-55bf-4028-937c-2e8d8118e688.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2021-02-22
Reporting Person: Pringle William W (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-22 | Common Stock | M | 11421 | $63.76 | Acquired | 82469 | Direct |
| 2021-02-22 | Common Stock | S | 11421 | $67.44 | Disposed | 71048 | Direct |
| 2021-02-22 | Common Stock | F | 971 | $67.09 | Disposed | 70077 | Direct |
| 2021-02-23 | Common Stock | M | 12893 | $47.61 | Acquired | 82970 | Direct |
| 2021-02-23 | Common Stock | S | 12893 | $66.44 | Disposed | 70077 | Direct |
| 2021-02-23 | Common Stock | F | 1393 | $67.44 | Disposed | 68684 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-22 | Employee Stock Option (Right to Buy) | $63.76 | M | 11421 | Disposed | 2028-02-22 | Common Stock (11421.0) | Direct |
| 2021-02-23 | Employee Stock Option (Right to Buy) | $47.61 | M | 12893 | Disposed | 2027-02-23 | Common Stock (12893.0) | Direct |
Footnotes
F1: This transaction relates to the withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
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 $66.40 to $66.51. 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: This transaction relates to the withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock awards.
F4: One third of the options granted vest on each of the third, fourth, and fifth anniversary of the grant date. 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.