Filing Details

Accession Number:
0001659166-20-000195
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-04 16:41:50
Reporting Period:
2020-11-02
Accepted Time:
2020-11-04 16:41:50
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
1682154 B. Barbara Hulit 6920 Seaway Blvd
Everett WA 98203
Senior Vice President 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 2020-11-02 41,501 $20.12 121,516 No 4 M Direct
Common Stock Acquisiton 2020-11-02 58,679 $21.70 180,195 No 4 M Direct
Common Stock Disposition 2020-11-02 100,180 $63.17 80,015 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2020-11-02 41,501 $0.00 41,501 $20.12
Common Stock Employee Stock Option (Right to Buy) Disposition 2020-11-02 58,679 $0.00 58,679 $21.70
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2021-02-23 No 4 M Direct
0 2022-02-23 No 4 M Direct
Footnotes
  1. The transaction was effectuated pursuant to a Rule 10b5-1 trading plan.
  2. In connection with the spin-off of Vontier Corporation by the Issuer, outstanding Restricted Stock Units ("RSUs"), including RSUs previously granted to the Reporting Person, were subject to anti-dilution adjustments ("Anti-Dilution Adjustment"). To the extent that the outstanding RSUs granted to the Reporting Person were previously reported under Table I, the total number of shares reported include the additional RSUs held by the Reporting Person as a result of the Anti-Dilution Adjustment.
  3. The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.775 to $63.540. 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.
  4. 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 third, fourth and fifth anniversary of the grant date. In connection with the Separation, the 2011 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 34,504 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.
  5. 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 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 48,786 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.