Linda Filler - Jul 28, 2023 Form 4 Insider Report for DANAHER CORP /DE/ (DHR)

Role
Director
Signature
/s/ James F. O'Reilly, attorney-in-fact for Linda Filler
Stock symbol
DHR
Transactions as of
Jul 28, 2023
Transactions value $
-$2,476,975
Form type
4
Date filed
8/1/2023, 05:00 PM
Previous filing
May 17, 2023
Next filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHR Common Stock Sale -$1.89M -7.27K -16% $260.25 38.2K Jul 28, 2023 Direct
transaction DHR Common Stock Options Exercise $173K +2.92K +7.66% $59.17 41.1K Jul 28, 2023 Direct
transaction DHR Common Stock Sale -$760K -2.92K -7.11% $260.26 38.2K Jul 28, 2023 Direct F1

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 $2.11K +8.11 +0.1% $260.07 7.82K Jul 28, 2023 Common Stock 8.11 $0.00 Direct F2, F3, F4
transaction DHR Director stock option (right to buy) Options Exercise $0 -2.92K -100% $0.00* 0 Jul 28, 2023 Common Stock 2.92K $59.17 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.200 to $260.300, inclusive. The reporting person undertakes to provide to Danaher Corporation, any securityholder of Danaher Corporation, 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 ranges set forth in the footnotes to this Form 4.
F2 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 s/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.
F3 Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis.
F4 The reporting person is fully vested in all amounts deferred under the Plan.