A. Shane Sanders - Jul 29, 2022 Form 4 Insider Report for DANAHER CORP /DE/ (DHR)

Role
Director
Signature
/s/ James F. O'Reilly, attorney-in-fact for A. Shane Sanders
Stock symbol
DHR
Transactions as of
Jul 29, 2022
Transactions value $
$31,349
Form type
4
Date filed
8/2/2022, 05:10 PM
Previous filing
May 17, 2022
Next filing
Oct 31, 2022

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 Phantom shares Award $31.3K +108 +27.22% $291.47 503 Jul 29, 2022 Common Stock 108 $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the terms of the Non-Employee Directors Deferred Compensation Plan (the "Plan") established under the Danaher Corporation 2007 Omnibus Incentive Plan, the reporting person can defer all or part of the cash director fees he is entitled to receive each quarter. Amounts deferred under the plan (which includes dividend accruals on plan balances and may also include cash director fees) are converted into a particular number of notional shares of Danaher common stock, calculated based on the closing price of Danaher's common stock on the quarterly date such amounts otherwise would have been paid. The price shown in Table II, Column 8 above is the closing price per share of the Danaher common stock as reported on the NYSE on the transaction date noted above.
F2 Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis.
F3 The reporting person is fully vested in all amounts deferred under the Plan.