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

Role: Chairman of Exec. Committee, Director
Signature: By: /s/ Mitchell P. Rales
Issuer symbol: DHR
Transactions as of: 17 Apr 2023
Net transactions value: +$9,999,878
Form type: 4
Filing time: 18 Apr 2023, 16:05:10 UTC
Previous filing: 03 Feb 2023
Next filing: 02 Jan 2024
SEC: View on sec.gov

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	+5.8%	$199.30	912,654	17 Apr 2023	Through the Mitchell P. Rales Family Trust	F1, F2
holding	DHR	Common Stock, par value $.01						1,590,844	17 Apr 2023	Direct
holding	DHR	Common Stock, par value $.01						199	17 Apr 2023	By 401(k) Plan
holding	DHR	Common Stock, par value $.01						3,256	17 Apr 2023	By trust for daughter	F3
holding	DHR	Common Stock, par value $.01						3,256	17 Apr 2023	By trust for daughter	F3
holding	DHR	Common Stock, par value $.01						25,671,000	17 Apr 2023	Through single-member LLCs	F4
holding	DHR	Common Stock, par value $.01						27,560	17 Apr 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%	$0.000000^*	0	17 Apr 2023	Common Stock	50,175		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.