Fortive Corp — Director's Dealing 2024

Feb 7, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fortive Corp (FTV)
CIK: 0001659166
Period of Report: 2024-02-02

Reporting Person: LICO JAMES A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-02	Common Stock	M	100000	$31.07	Acquired	539948	Direct
2024-02-02	Common Stock	S	100000	$82.30	Disposed	439948	Direct
2024-02-06	Common Stock	M	31525	$31.07	Acquired	471473	Direct
2024-02-06	Common Stock	M	75000	$30.42	Acquired	546473	Direct
2024-02-06	Common Stock	S	105853	$81.49	Disposed	440620	Direct
2024-02-06	Common Stock	S	672	$82.42	Disposed	439948	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-02	Employee Stock Option (Right to Buy)	$31.07	M	100000	Disposed	2024-02-24	Common Stock (100000)	Direct
2024-02-06	Employee Stock Option (Right to Buy)	$31.07	M	31525	Disposed	2024-02-24	Common Stock (31525)	Direct
2024-02-06	Employee Stock Option (Right to Buy)	$30.42	M	75000	Disposed	2024-05-15	Common Stock (75000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	131435	Indirect
Common Stock	19790	Indirect

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 $82.00 to $82.71. 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: The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.11 to $82.00. 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.

F3: The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.22 to $82.47. 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.

F4: Based on a plan statement dated as of January 31, 2024.

F5: Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-half of the stock options issued by Danaher on February 24, 2014 ("2014 February Danaher Options") to the Reporting Person became exercisable on the fourth and fifth anniversary of the grant date. In connection with the Separation, the 2014 February Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 109,350 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.

F6: Prior to the Separation, one-half of the stock options issued by Danaher on May 15, 2014 ("2014 May Danaher Options") to the Reporting Person became exercisable on the fourth and fifth anniversary of the grant date. In connection with the Separation, the 2014 May Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 86,865 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.