Filing Details
- Accession Number:
- 0001659166-19-000057
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-26 18:34:00
- Reporting Period:
- 2019-02-22
- Accepted Time:
- 2019-02-26 18:34:00
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1659166 | Fortive Corp | FTV | Industrial Instruments For Measurement, Display, And Control (3823) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1670836 | A. Stacey Walker | 6920 Seaway Blvd Everett WA 98203 | Svp - Human Resources | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-02-22 | 2,991 | $0.00 | 16,036 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-02-22 | 1,208 | $81.37 | 14,828 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2019-02-25 | 1,783 | $81.87 | 13,045 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Disposition | 2019-02-22 | 2,991 | $0.00 | 2,991 | $0.00 |
| Common Stock | Executive Deferred Incentive Program - Fortive Stock Fund | Acquisiton | 2019-02-22 | 664 | $81.73 | 664 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,980 | No | 4 | M | Direct | ||
| 3,020 | No | 4 | A | Direct |
Footnotes
- Restricted stock units are payable in shares of common stock on a one-to-one basis.
- This transaction relates to the withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
- The transaction was effectuated pursuant to a Rule 10b5-1 trading plan.
- In connection with the separation of the Issuer from Danaher Corporation ("Danaher"), Restricted Stock Units issued by Danaher on February 24, 2016 to the Reporting Person that remained unvested as of July 2, 2016 were converted into 14,953 Restricted Stock Units of the Issuer vesting in five equal annual installments beginning on February 24, 2017.
- Compensation deferred or contributed into the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund (or the closing price for the immediately preceding business day, if such date is not a business day), which closing price is shown in Table II, Column 8.
- The notional shares convert on a one-to-one basis.
- 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.
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