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Filing Details

Accession Number:: 0001659166-19-000234
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-11-15 18:05:09
Reporting Period:: 2019-11-13

Accepted Time:: 2019-11-15 18:05:09
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
1671495	Martin Gafinowitz	6920 Seaway Blvd Everett WA 98203	Senior Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2019-11-13	30,000	$24.20	101,169	No	4	M	Direct
Common Stock	Disposition	2019-11-13	30,000	$71.27	71,169	No	4	S	Direct
Common Stock	Disposition	2019-11-14	29,536	$71.22	41,633	No	4	S	Direct
Common Stock	Acquisiton	2019-11-15	4,393	$24.20	46,026	No	4	M	Direct
Common Stock	Acquisiton	2019-11-15	14,150	$26.10	60,176	No	4	M	Direct
Common Stock	Disposition	2019-11-15	18,543	$72.41	41,633	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2019-11-13	30,000	$24.20	30,000	$24.20
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2019-11-15	4,393	$24.20	4,393	$24.20
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2019-11-15	14,150	$26.10	14,150	$26.10

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,393	2021-02-23	No	4	M	Direct
0	2021-02-23	No	4	M	Direct
22,518	2022-02-23	No	4	M	Direct

Footnotes

The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.980 to $71.495. 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.
The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.100 to $71.505. 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.
The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.340 to $72.500. 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.
Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), the stock options issued by Danaher on February 23, 2011 ("2011 Danaher Options") to the Reporting Person became exercisable ratably on the third, fourth and fifth anniversary of the grant date. In connection with the Separation, such fully-vested 2011 Danaher Options that remained unexercised as of July 2, 2016 were converted into fully-vested stock options to purchase 34,393 shares of the Issuer's common stock.
Prior to the Separation, the stock options issued by Danaher on February 23, 2012 ("2012 Danaher Options") to the Reporting Person became exercisable ratably on the third, fourth and fifth anniversary of the grant date. In connection with the Separation, the 2012 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 36,668 shares of the Issuer's common stock with identical vesting schedule.