MITCHELL KATE 4
4 · Fortive Corp · Filed Jun 8, 2023
Insider Transaction Report
Form 4
Fortive CorpFTV
MITCHELL KATE
Director
Transactions
- Award
Director Stock Option (Right to Buy)
2023-06-06+2,310→ 2,310 totalExercise: $67.23From: 2023-06-06Exp: 2033-06-06→ Common Stock (2,310 underlying) - Award
Common Stock
2023-06-06+2,290→ 23,732 total - Award
Common Stock
2023-06-06$65.60/sh+1,145$75,112→ 24,877 total
Footnotes (2)
- [F1]On June 6, 2023, the Issuer granted to the Reporting Person restricted stock units ("Annual Grant RSUs") of the Issuer in the amount indicated as a portion of the annual equity grant made to the Reporting Person. Since the Annual Grant RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The Annual Grant RSUs vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2024 annual meeting of the stockholders, with the underlying shares to be delivered upon vesting.
- [F2]On June 6, 2023, the Issuer granted to the Reporting Person restricted stock units ("Deferral RSUs") of the Issuer in the amount indicated, based on a 20-day average price of $65.60, pursuant to deferral election made by the Reporting Person of $75,000 in annual retainer that would otherwise have been paid in cash. Since the Deferral RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The Deferral RSUs vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2024 annual meeting of the stockholders, but the underlying shares will not be issued until the earlier of the Reporting Person's death or the first day of the seventh month following the Reporting Person's retirement from the Board of Directors of the Issuer.