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

Role
Chairman of Exec. Committee, Director
Signature
By: /s/ Mitchell P. Rales
Stock symbol
DHR
Transactions as of
Apr 17, 2023
Transactions value $
$9,999,878
Form type
4
Date filed
4/18/2023, 04:05 PM
Previous filing
Feb 3, 2023
Next filing
Jan 2, 2024

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 $9,999,878 +50,175 +5.82% $199.30 912,654 Apr 17, 2023 Through the Mitchell P. Rales Family Trust F1, F2
holding DHR Common Stock, par value $.01 1,590,844 Apr 17, 2023 Direct
holding DHR Common Stock, par value $.01 199 Apr 17, 2023 By 401(k) Plan
holding DHR Common Stock, par value $.01 3,256 Apr 17, 2023 By trust for daughter F3
holding DHR Common Stock, par value $.01 3,256 Apr 17, 2023 By trust for daughter F3
holding DHR Common Stock, par value $.01 25,671,000 Apr 17, 2023 Through single-member LLCs F4
holding DHR Common Stock, par value $.01 27,560 Apr 17, 2023 By spouse F5

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 -10,000 -100% $0.00 0 Apr 17, 2023 Common Stock 50,175 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 Reporting Person is the trustee of the Mitchell P. Rales Family Trust.
F3 The reported shares are held through custodial accounts for the benefit of the Reporting Person's daughter. The Reporting Person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
F4 The reported shares are held through single-member LLCs, of which a revocable trust with the Reporting Person as the sole trustee and beneficiary is the sole member.
F5 The Reporting Person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.