Nash Andrew R. 4

Accession 0001786842-20-000012

CIK 0001786842other

View on SEC.gov Company Profile

Filed

Oct 13, 8:00 PM ET

Accepted

Oct 14, 4:04 PM ET

Size

31.2 KB

Accession

0001786842-20-000012

Insider Transaction Report

Form 4

Period: 2020-10-09

Vontier CorpVNT

Nash Andrew R.

SVP, Human Resources

Transactions

Award
Employee Stock Option
2020-10-09+2,876→ 2,876 total
Exercise: $10.69Exp: 2022-02-23→ Common Stock, par value $0.0001 (2,876 underlying)
Award
Common Stock, par value $0.0001
2020-10-09+21,377→ 21,377 total
Award
Employee Stock Option
2020-10-09+10,657→ 10,657 total
Exercise: $17.40Exp: 2025-02-24→ Common Stock, par value $0.0001 (10,657 underlying)
Award
Employee Stock Option
2020-10-09+9,936→ 9,936 total
Exercise: $31.41Exp: 2028-02-22→ Common Stock, par value $0.0001 (9,936 underlying)
Award
Employee Stock Option
2020-10-09+9,570→ 9,570 total
Exercise: $33.42Exp: 2029-02-25→ Common Stock, par value $0.0001 (9,570 underlying)
Award
Employee Stock Option
2020-10-09+10,056→ 10,056 total
Exercise: $15.30Exp: 2024-02-24→ Common Stock, par value $0.0001 (10,056 underlying)
Award
Employee Stock Option
2020-10-09+40,845→ 40,845 total
Exercise: $31.45Exp: 2030-02-20→ Common Stock, par value $0.0001 (40,845 underlying)
Award
Employee Stock Option
2020-10-09+12,410→ 12,410 total
Exercise: $12.19Exp: 2023-02-21→ Common Stock, par value $0.0001 (12,410 underlying)
Award
Employee Stock Option
2020-10-09+39,933→ 39,933 total
Exercise: $17.43Exp: 2016-02-24→ Common Stock, par value $0.0001 (39,933 underlying)
Award
Employee Stock Option
2020-10-09+9,814→ 9,814 total
Exercise: $23.45Exp: 2027-02-23→ Common Stock, par value $0.0001 (9,814 underlying)
Award
Executive Deferred Incentive Program - Vontier Stock Fund
2020-10-09+3,540→ 3,540 total
→ Common Stock, par value $0.0001 (3,540 underlying)

Footnotes (12)

[F1]In connection with the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), the number includes: (1) 1,212 shares and (2) Restricted Stock Units ("RSUs") issued by Fortive on February 24, 2016, February 23, 2017, February 22, 2018, February 25, 2019 and February 20, 2020 that remain unvested as of Separation and were converted into 875, 1,299, 1,971, 2,530 and 13,490 Issuer RSUs, respectively, that vest on February 24, 2021, in two equal annual installments beginning on February 23, 2021, in three equal annual installments beginning on February 22, 2021, in four equal annual installments beginning on February 25, 2021 and in five equal annual installments beginning on February 20, 2021, respectively.
[F10]In connection with the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), stock options issued by Fortive on February 20, 2020 to the Reporting Person that remained unvested as of the Separation were converted into stock options vesting in five equal annual installments beginning on February 20, 2021.
[F11]The notional shares convert on a one-to-one basis.
[F12]In connection with the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020, the reported securities are notional dividend accruals on phantom shares in Issuer's stock fund (the "EDIP Stock Fund") under Issuer's Executive Deferred Incentive Program (the "EDIP") that had accrued under Fortive's EDIP Stock Fund and were converted to the Issuer's EDIP Stock Fund. The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person vests in all contributions to the EDIP Stock Fund: 100% upon the earlier of the Reporting Person's death, or upon retirement after 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 accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Issuer common stock.
[F2]Prior to the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), fully-vested stock options granted to the Reporting Person on February 23, 2012 that remained unexercised as of October 9, 2020 were converted into fully-vested stock options to purchase 2,876 shares of the Issuer's common stock.
[F3]Prior to the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), fully-vested stock options granted to the Reporting Person on February 21, 2013 that remained unexercised as of October 9, 2020 were converted into fully-vested stock options to purchase 12,410 shares of the Issuer's common stock.
[F4]Prior to the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), fully-vested stock options granted to the Reporting Person on February 24, 2014 that remained unexercised as of October 9, 2020 were converted into fully-vested stock options to purchase 10,056 shares of the Issuer's common stock.
[F5]Prior to the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), fully-vested stock options granted to the Reporting Person on February 24, 2015 that remained unexercised as of October 9, 2020 were converted into fully-vested stock options to purchase 10,657 shares of the Issuer's common stock.
[F6]Prior to the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), four-fifths of the stock options issued by Fortive on February 24, 2016 ("2016 Fortive Options") to the Reporting Person were fully vested and converted into fully-vested stock options to purchase 31,932 shares of the Issuer's common stock. The remaining 2016 Fortive options that unvested as of the Separation options vest on February 24, 2021.
[F7]Prior to the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), three-fifths of the stock options issued by Fortive on February 23, 2017 ("2017 Fortive Options") to the Reporting Person were fully vested and converted into fully-vested stock options to purchase 5,886 shares of the Issuer's common stock. The remaining 2017 Fortive options that unvested as of the Separation options vest in two equal annual installments beginning on February 23, 2021.
[F8]Prior to the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), two-fifths of the stock options issued by Fortive on February 22, 2018 ("2018 Fortive Options") to the Reporting Person were fully vested and converted into fully-vested stock options to purchase 3,974 shares of the Issuer's common stock. The remaining 2018 Fortive options that unvested as of the Separation options vest in three equal annual installments beginning on February 22, 2021.
[F9]Prior to the separation of the Issuer from Fortive Corporation ("Fortive") on October 9, 2020 (the "Separation"), two-fifths of the stock options issued by Fortive on February 25, 2019 ("2019 Fortive Options") to the Reporting Person were fully vested and converted into fully-vested stock options to purchase 1,914 shares of the Issuer's common stock. The remaining 2019 Fortive options that unvested as of the Separation options vest in four equal annual installments beginning on February 25, 2021.

Documents

1 file

4
wf-form4_160270583829780.xmlPrimary
FORM 4

Issuer

Vontier Corp

CIK 0001786842

→

Entity typeother

Related Parties

filerCIK 0001806332

Filing Metadata

Form type: 4
Filed: Oct 13, 8:00 PM ET
Accepted: Oct 14, 4:04 PM ET
Size: 31.2 KB

View on SEC.gov