Filing Details
- Accession Number:
- 0001659166-21-000057
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-02-24 21:36:05
- Reporting Period:
- 2021-02-22
- Accepted Time:
- 2021-02-24 21:36:05
- 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 |
|---|---|---|---|---|---|---|---|
| 1671511 | E Charles Mclaughlin | 6920 Seaway Blvd Everett WA 98203 | Svp - Chief Financial Officer | 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 | 2021-02-22 | 14,322 | $20.12 | 60,872 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-02-22 | 14,322 | $67.16 | 46,550 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-02-22 | 902 | $67.09 | 45,648 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2021-02-23 | 2,320 | $67.44 | 43,328 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | 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 | 2021-02-22 | 14,322 | $0.00 | 14,322 | $20.12 |
| 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 |
Footnotes
- 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.
- The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.13 to $67.19. 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.
- This transaction relates to the withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
- This transaction relates to the withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock awards.
- Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-fifth of the stock options issued by Danaher on February 23, 2011 ("2011 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversaries of the grant date. In connection with the Separation, the 2011 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 11,908 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.
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