4//SEC Filing
Gafinowitz Martin 4
Accession 0001659166-20-000161
CIK 0001659166other
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 4:40 PM ET
Size
6.6 KB
Accession
0001659166-20-000161
Insider Transaction Report
Form 4
Fortive CorpFTV
Gafinowitz Martin
Senior Vice President
Transactions
- Award
Executive Deferred Incentive Program - Fortive Stock Fund
2020-09-25$74.17/sh+52.38$3,885→ 55,550.627 total→ Common Stock (52.38 underlying)
Footnotes (3)
- [F1]The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.
- [F2]The notional shares convert on a one-to-one basis.
- [F3]The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.
Documents
Issuer
Fortive Corp
CIK 0001659166
Entity typeother
Related Parties
1- filerCIK 0001671495
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 4:40 PM ET
- Size
- 6.6 KB