Weaver Emily A. 4
4 · Fortive Corp · Filed Feb 27, 2019
Insider Transaction Report
Form 4
Fortive CorpFTV
Weaver Emily A.
VP-Chief Accounting Officer
Transactions
- Award
Common Stock
2019-02-25+572→ 8,616 total - Award
Employee Stock Option (Right to Buy)
2019-02-25+10,770→ 10,770 totalExercise: $81.60Exp: 2029-02-25→ Common Stock (10,770 underlying) - Award
Common Stock
2019-02-25+1,780→ 10,396 total
Footnotes (4)
- [F1]On February 22, 2018, the the Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs") with the opportunity to earn additional RSUs ("Additional RSUs") upon achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 25, 2019 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions.
- [F2]Restricted stock units are payable in shares of common stock on a one-to-one basis.
- [F3]On February 25, 2019, the Committee awarded the Reporting Person RSUs. This transaction is being reported to identify the portion of the RSUs that are subject only to time-based vesting provisions. Pursuant to the terms of the award, additional RSUs may be issued upon determination by the Committee that the corresponding performance criteria have been achieved.
- [F4]One third of the options granted vest on each of the third, fourth, and fifth anniversary of the grant date.