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Fortive Corp Director's Dealing 2024

Nov 6, 2024

30364_dirs_2024-11-05_64b6be01-9cf9-4d1b-9d55-084a38d1f4d8.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: 2024-11-01

Reporting Person: Walker Stacey A. (SVP - Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-11-01 Common Stock M 1303 $35.84 Acquired 43954 Direct
2024-11-01 Common Stock M 21795 $35.38 Acquired 65749 Direct
2024-11-01 Common Stock M 32234 $47.61 Acquired 97983 Direct
2024-11-01 Common Stock M 30587 $63.76 Acquired 128570 Direct
2024-11-01 Common Stock M 32367 $67.85 Acquired 160937 Direct
2024-11-01 Common Stock M 39432 $63.85 Acquired 200369 Direct
2024-11-01 Common Stock M 14090 $67.64 Acquired 214459 Direct
2024-11-01 Common Stock S 171808 $71.71 Disposed 42651 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-11-01 Employee Stock Option (Right to Buy) $35.84 M 1303 Disposed 2025-07-15 Common Stock (1303) Direct
2024-11-01 Employee Stock Option (Right to Buy) $35.38 M 21795 Disposed 2026-02-24 Common Stock (21795) Direct
2024-11-01 Employee Stock Option (Right to Buy) $47.61 M 32234 Disposed 2027-02-23 Common Stock (32234) Direct
2024-11-01 Employee Stock Option (Right to Buy) $63.76 M 30587 Disposed 2028-02-22 Common Stock (30587) Direct
2024-11-01 Employee Stock Option (Right to Buy) $67.85 M 32367 Disposed 2029-02-25 Common Stock (32367) Direct
2024-11-01 Employee Stock Option (Right to Buy) $63.85 M 39432 Disposed 2030-02-20 Common Stock (39432) Direct
2024-11-01 Employee Stock Option (Right to Buy) $67.64 M 14090 Disposed 2031-02-24 Common Stock (14090) Direct

Footnotes

F1: The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.67 to $71.89. 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.

F2: Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-fifth of the stock options issued by Danaher on July 15, 2015 ("2015 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversaries of the grant date. In connection with the Separation, the 2016 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 1,083 shares of the Issuer's common stock with identical vesting schedule. In addition, 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.

F3: Prior to the Separation, one-fifth of the stock options issued by Danaher on February 24, 2016 ("2016 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversaries of the grant date. In connection with the Separation, the 2016 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 18,120 shares of the Issuer's common stock with identical vesting schedule. In addition, 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.

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.

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