Melissa Aquino - 30 Sep 2023 Form 4 Insider Report for Veralto Corp (VLTO)

Signature
/s/ James Tanaka, as attorney-in-fact
Issuer symbol
VLTO
Transactions as of
30 Sep 2023
Net transactions value
$0
Form type
4
Filing time
03 Oct 2023, 18:55:43 UTC
Previous filing
04 Jan 2023
Next filing
17 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLTO Common Stock Award +28,841 +5273% 29,388 30 Sep 2023 Direct F1, F2, F3

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 VLTO Employee stock option (right to buy) Award +21,108 21,108 30 Sep 2023 Common stock 21,108 $83.23 Direct F1, F4
transaction VLTO Employee stock option (right to buy) Award +56,829 56,829 30 Sep 2023 Common stock 56,829 $83.23 Direct F1, F5
transaction VLTO Veralto Exec Deferred Incentive Program - Veralto Stock Fund Award +2 2 30 Sep 2023 Common stock 2 $0.000000 Direct F1, F6, F7, F8
transaction VLTO Veralto Deferred Compensation Program - Veralto Stock Fund Award +663 663 30 Sep 2023 Common stock 663 $0.000000 Direct F1, F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off").
F2 Represents restricted stock units ("RSUs") issued by Danaher and converted into RSUs of Veralto which remain unvested as of the Spin-off, including (i) 7,813 RSUs vesting in four equal annual installments beginning on February 24, 2024 and (ii) 21,028 RSUs vesting as follows: 50% on February 24, 2024 and the remaining 50% in two equal annual installments beginning on February 24, 2025.
F3 Includes shares received in the Spin-off with respect to shares of Danaher common stock held prior to the Spin-off.
F4 Represents stock options that vest in three equal annual installments beginning on February 24, 2024, subject to continued employment.
F5 Represents stock options that vest as follows: 50% on February 24, 2024 and the remaining 50% in two equal annual installments beginning on February 24, 2025, subject to continued employment.
F6 Represents phantom shares in Veralto's stock fund (the "EDIP Stock Fund") under the Veralto Corporation Executive Deferred Incentive Program (the "EDIP"). Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Veralto common stock.
F7 The notional shares convert on a one-for-one basis.
F8 The vesting terms and manner and form of distribution of amounts contributed or deferred under the program are based upon the provisions of the respective plan, which provisions are summarized in the Registration Statement on Form 10 filed by Veralto with the Securities and Exchange Commission.
F9 Represents phantom shares in Veralto's stock fund (the "DCP Stock Fund") under the Veralto Corporation Deferred Compensation Program (the "DCP"). Upon termination of employment, the vested portion of the DCP Stock Fund is settled in Veralto common stock.