4//SEC Filing
Murphy Patrick K 4
Accession 0001659166-23-000199
CIK 0001659166other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 5:49 PM ET
Size
9.2 KB
Accession
0001659166-23-000199
Insider Transaction Report
Form 4
Fortive CorpFTV
Murphy Patrick K
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2023-07-28$35.38/sh+21,793$771,036→ 82,509 total - Sale
Common Stock
2023-07-28$76.50/sh−21,793$1,667,165→ 60,716 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2023-07-28−21,793→ 43,586 totalExercise: $35.38Exp: 2026-02-24→ Common Stock (21,793 underlying)
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 $76.47 to $76.58. 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"), 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.
Documents
Issuer
Fortive Corp
CIK 0001659166
Entity typeother
Related Parties
1- filerCIK 0001671034
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 5:49 PM ET
- Size
- 9.2 KB