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Fortive Corp — Director's Dealing 2024
Feb 28, 2024
30364_dirs_2024-02-27_f09951dd-3fee-467c-9a14-69491e2bd7e8.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: 2024-02-23
Reporting Person: LICO JAMES A (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-23 | Common Stock | F | 21966 | $86.11 | Disposed | 409404 | Direct |
| 2024-02-26 | Common Stock | A | 11487 | — | Acquired | 420891 | Direct |
| 2024-02-26 | Common Stock | A | 15497 | — | Acquired | 436388 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 131435 | Indirect |
| Common Stock | 19818 | Indirect |
Footnotes
F1: This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
F2: On February 27, 2023, the Compensation Committee (the "Committee") awarded the Reporting Person 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 26, 2024 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions.
F3: RSUs are payable in shares of common stock on a one-to-one basis.
F4: On February 24, 2021, 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 26, 2024 that the performance criteria of the PSUs have been achieved. The shares remain subject to a one-year holding period requirement.
F5: PSUs are payable in shares of common stock on a one-to-one basis.
F6: Based on plan statement dated as of January 31, 2024.