4//SEC Filing
McLaughlin Charles E 4
Accession 0001659166-25-000043
CIK 0001659166other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:19 PM ET
Size
10.9 KB
Accession
0001659166-25-000043
Insider Transaction Report
Form 4
Fortive CorpFTV
McLaughlin Charles E
SVP - Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-02-28$35.84/sh+16,467$590,177→ 108,211 total - Tax Payment
Common Stock
2025-02-28$79.54/sh−2,640$209,986→ 73,486 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2025-02-28−16,467→ 0 totalExercise: $35.84Exp: 2025-07-15→ Common Stock (16,467 underlying) - Sale
Common Stock
2025-02-28$78.86/sh−32,085$2,530,223→ 76,126 total
Footnotes (3)
- [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 $78.820 to $78.930. 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]This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
- [F3]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 July 15, 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 13,691 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 0001671511
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:19 PM ET
- Size
- 10.9 KB