4//SEC Filing
Schwarz Jonathan L 4
Accession 0001659166-24-000153
CIK 0001659166other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 8:08 PM ET
Size
9.3 KB
Accession
0001659166-24-000153
Insider Transaction Report
Form 4
Fortive CorpFTV
Schwarz Jonathan L
SVP - Corporate Development
Transactions
- Sale
Common Stock
2024-09-13$73.80/sh−14,223$1,049,657→ 68,161 total - Exercise/Conversion
Common Stock
2024-09-13$35.31/sh+14,223$502,214→ 82,384 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2024-09-13−14,223→ 0 totalExercise: $35.31Exp: 2025-02-24→ Common Stock (14,223 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 $73.45 to $74.14. 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, 2015 ("2015 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 2015 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 11,826 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 0001670865
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 8:08 PM ET
- Size
- 9.3 KB