Gafinowitz Martin 4
4 · Fortive Corp · Filed Jun 1, 2020
Insider Transaction Report
Form 4
Fortive CorpFTV
Gafinowitz Martin
Senior Vice President
Transactions
- Sale
Common Stock
2020-05-29$61.03/sh−34,947$2,132,815→ 43,579 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-05-29−34,947→ 0 totalExercise: $29.76Exp: 2023-02-21→ Common Stock (34,947 underlying) - Exercise/Conversion
Common Stock
2020-05-29$29.76/sh+34,947$1,040,023→ 78,526 total
Footnotes (2)
- [F1]The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.64 to $61.16. 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.
- [F2]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 21, 2013 ("2013 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 2013 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 34,947 shares of the Issuer's common stock with identical vesting schedule.