Steven M. Rales - Apr 17, 2023 Form 4 Insider Report for DANAHER CORP /DE/ (DHR)

Role
Chairman, Director
Signature
/s/ Steven M. Rales
Stock symbol
DHR
Transactions as of
Apr 17, 2023
Transactions value $
$24,999,594
Form type
4
Date filed
4/17/2023, 07:10 PM
Previous filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction DHR Common Stock, par value $.01 +Conversion of derivative security $24,999,594 +125,437 +2.97% $199.30 4,355,808 Apr 17, 2023 Direct F1
holding DHR Common Stock, par value $.01 19,678 Apr 17, 2023 By 401(k) Plan
holding DHR Common Stock, par value $.01 31,000,000 Apr 17, 2023 Through single-member LLCs F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DHR Series B Mandatory Convertible Preferred Stock -Conversion of derivative security $0 -25,000 -100% $0.00 0 Apr 17, 2023 Common Stock 125,437 Direct F1

Explanation of Responses:

Id Content
F1 Pursuant to its terms, the Series B Mandatory Preferred Stock converted automatically into shares of the Issuer's common stock on April 17, 2023. Each share of the Series B Mandatory Convertible Preferred Stock converted into 5.0175 shares of the Issuer's common stock. Holders of the Series B Mandatory Preferred Stock received cash in lieu of any fractional shares.
F2 The reported shares are held through single-member LLCs of which a revocable trust controlled by Steven M. Rales is the sole member.