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Fortive Corp — Director's Dealing 2022
Mar 3, 2022
30364_dirs_2022-03-02_42b93b6f-1aed-4ade-98b3-248aafb34b15.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: 2022-02-28
Reporting Person: Murphy Patrick K (President & CEO of AHS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-28 | Common Stock | A | 6850 | — | Acquired | 59502 | Direct |
| 2022-02-28 | Common Stock | A | 3765 | — | Acquired | 63267 | Direct |
| 2022-02-28 | Common Stock | A | 1263 | — | Acquired | 64530 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-28 | Common Stock | $64.75 | A | 20750 | Acquired | 2032-02-28 | Common Stock (20750.0) | Direct |
Footnotes
F1: On February 28, 2022, the Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"). This transactions 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 Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs") with the opportunity to earn additional RSUs ("Additional RSUs") upon achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 28, 2022 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions.
F4: On February 25, 2019, the Committee awarded the Reporting Person Performance Stock Units ("PSUs") subject to achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 28, 2022 that the performance criteria of the PSUs have been achieved. The shares remain subject to a two-year holding period requirement.
F5: One half of the options granted vest on each of the third and fourth anniversary of the grant date.