Fortive Corp — Director's Dealing 2023

Mar 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2023-02-27

Reporting Person: Underwood Peter C (SVP - General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-27	Common Stock	A	7720	—	Acquired	50347	Direct
2023-02-27	Common Stock	A	1417	—	Acquired	51764	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-27	Common Stock	$66.62	A	23390	Acquired	2033-02-27	Common Stock (23390.0)	Direct

Footnotes

F1: On February 27, 2023, the Compensation Committee (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: RSUs are payable in shares of common stock on a one-to-one basis.

F3: On February 20, 2020, 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 27, 2023 that the performance criteria of the PSUs have been achieved. The shares remain subject to a two-year holding period requirement.

F4: PSUs are payable in shares of common stock on a one-to-one basis.

F5: One half of the options granted vest on each of the third and fourth anniversary of the grant date.