4//SEC Filing
McLaughlin Charles E 4
Accession 0001659166-24-000078
CIK 0001659166other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 8:54 PM ET
Size
6.7 KB
Accession
0001659166-24-000078
Insider Transaction Report
Form 4
Fortive CorpFTV
McLaughlin Charles E
SVP - Chief Financial Officer
Transactions
- Award
Executive Deferred Incentive Program - Fortive Stock Fund
2024-03-13$85.46/sh+2,045.401$174,800→ 27,974.016 total→ Common Stock (2,045.401 underlying)
Footnotes (3)
- [F1]Compensation deferred or contributed into the Fortive stock fund (the "EDIP Stock Fund") under 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 such 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), which closing price is shown in Table II, Column 8.
- [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 0001671511
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 8:54 PM ET
- Size
- 6.7 KB