4//SEC Filing
Pringle William W 4
Accession 0001659166-21-000035
CIK 0001659166other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 8:16 PM ET
Size
16.7 KB
Accession
0001659166-21-000035
Insider Transaction Report
Form 4
Fortive CorpFTV
Pringle William W
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2021-02-08$35.38/sh+52,292$1,850,091→ 153,860 total - Sale
Common Stock
2021-02-08$68.90/sh−43,703$3,011,137→ 101,568 total - Sale
Common Stock
2021-02-09$68.04/sh−30,520$2,076,581→ 71,048 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-02-08−52,292→ 13,087 totalExercise: $35.38Exp: 2026-02-24→ Common Stock (52,292 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-02-08−12,893→ 25,788 totalExercise: $47.61Exp: 2027-02-23→ Common Stock (12,893 underlying) - Exercise/Conversion
Common Stock
2021-02-08$47.61/sh+12,893$613,836→ 166,753 total - Sale
Common Stock
2021-02-08$68.06/sh−21,482$1,462,065→ 145,271 total
Footnotes (5)
- [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 $67.64 to $68.48. 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]The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.695 to $69.100. 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.
- [F3]The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.640 to $68.185. 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.
- [F4]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 24, 2016 ("2016 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 2016 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 54,357 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.
- [F5]One third of the options granted vest on each of the third, fourth, and fifth anniversary of the grant date. 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.
Documents
Issuer
Fortive Corp
CIK 0001659166
Entity typeother
Related Parties
1- filerCIK 0001670864
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 8:16 PM ET
- Size
- 16.7 KB