5//SEC Filing
Gafinowitz Martin 5
Accession 0001659166-21-000011
CIK 0001659166other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:52 PM ET
Size
9.1 KB
Accession
0001659166-21-000011
Insider Transaction Report
Form 5
Fortive CorpFTV
Gafinowitz Martin
Senior Vice President
Transactions
- Purchase
Common Stock
2020-03-25$50.47/sh+12.5$631→ 46,989.5 total - Award
Executive Deferred Incentive Program - Fortive Stock Fund
2020-12-28$68.97/sh+67.49$4,655→ 66,564.86 total→ Common Stock (67.49 underlying)
Footnotes (6)
- [F1]Reflects shares automatically acquired through a dividend reinvestment option provided by a third party.
- [F2]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.
- [F3]Compensation deferred or contributed into the Fortive stock fund (the "EDIP Stock Fund") included in Fortive's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of the Issuer's common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund (or the closing price for the immediately preceding business day, if such date is not a business day). The price shown in Table II, Column 8 is the closing price per share of the Issuer's common stock applicable to the respective transaction date.
- [F4]The notional shares convert on a one-to-one basis.
- [F5]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.
- [F6]The total number of phantom shares reflects an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer.
Documents
Issuer
Fortive Corp
CIK 0001659166
Entity typeother
Related Parties
1- filerCIK 0001671495
Filing Metadata
- Form type
- 5
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:52 PM ET
- Size
- 9.1 KB