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Fortive Corp — Director's Dealing 2022
Jan 7, 2022
30364_dirs_2022-01-07_1c216d7e-1ab4-4b2d-9544-5264347532a2.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2022-01-01
Reporting Person: Newcombe Tamara S. (President & CEO of PT)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 49836 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $78.03 | 2031-11-15 | Common Stock (19840.0) | Direct | |
| Employee Stock Option (Right to Buy) | $67.64 | 2031-02-24 | Common Stock (22370.0) | Direct | |
| Employee Stock Option (Right to Buy) | $63.85 | 2030-02-20 | Common Stock (18931.0) | Direct | |
| Employee Stock Option (Right to Buy) | $67.65 | 2029-05-15 | Common Stock (10704.0) | Direct | |
| Employee Stock Option (Right to Buy) | $67.85 | 2029-02-25 | Common Stock (14132.0) | Direct | |
| Employee Stock Option (Right to Buy) | $63.76 | 2028-02-22 | Common Stock (14686.0) | Direct | |
| Employee Stock Option (Right to Buy) | $47.61 | 2027-02-23 | Common Stock (60594.0) | Direct | |
| Executive Deferred Incentive Program - Fortive Stock Fund | $ | Common Stock (2964.87) | Direct |
Footnotes
F1: Includes 36,021 Restricted Stock Units ("RSUs") held by the Reporting Person, with the RSUs subject to time-based vesting provisions and payable in shares of common stock on a one-to-one basis.
F2: One half of the options granted vest on each of the third and fourth anniversary of the grant date.
F3: Options vests ratably on an annual basis over a four-year period from the date of grant.
F4: Options vests ratably on an annual basis over a five-year period from the date of grant.
F5: The reported securities are phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP")
F6: The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.
F7: The notional shares convert on a one-to-one basis.