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Fortive Corp — Director's Dealing 2021
Jan 19, 2021
30364_dirs_2021-01-19_ee9eecb5-d02c-4219-b502-8b9c46c1f6a4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vontier Corp (VNT)
CIK: 0001786842
Period of Report: 2021-01-19
Reporting Person: Fortive Corp (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-19 | Common Stock | J | 33507410 | — | Disposed | 0 | Direct |
Footnotes
F1: Pursuant to a Debt-for-Equity Exchange Agreement (the "Agreement"), dated as of January 13, 2021, by and among the reporting person, the issuer and Goldman Sachs & Co. LLC (the "Investment Entity"), the reporting person exchanged 33,507,410 shares of the issuer's common stock and a cash payment for certain indebtedness of the reporting person then owned by the Investment Entity (the "Exchange"), with the amount of such cash payment equal to the accrued interest under such indebtedness as of the Exchange.
F2: The Agreement placed a value on the issuer's common stock for purposes of the Exchange of $32.3275 per share.