Surekha Trivedi - 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, 18:59:03 UTC
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLTO Common Stock Award +12,976 12,976 30 Sep 2023 Direct F1, F2

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 +7,399 7,399 30 Sep 2023 Common stock 7,399 $33.19 Direct F1, F3
transaction VLTO Employee stock option (right to buy) Award +9,907 9,907 30 Sep 2023 Common stock 9,907 $37.92 Direct F1, F4
transaction VLTO Employee stock option (right to buy) Award +26,520 26,520 30 Sep 2023 Common stock 26,520 $47.78 Direct F1, F3
transaction VLTO Employee stock option (right to buy) Award +7,722 7,722 30 Sep 2023 Common stock 7,722 $52.40 Direct F1, F5
transaction VLTO Employee stock option (right to buy) Award +5,537 5,537 30 Sep 2023 Common stock 5,537 $54.74 Direct F1, F6
transaction VLTO Employee stock option (right to buy) Award +19,755 19,755 30 Sep 2023 Common stock 19,755 $74.51 Direct F1, F7
transaction VLTO Employee stock option (right to buy) Award +7,902 7,902 30 Sep 2023 Common stock 7,902 $74.51 Direct F1, F7
transaction VLTO Employee stock option (right to buy) Award +6,300 6,300 30 Sep 2023 Common stock 6,300 $90.73 Direct F1, F8
transaction VLTO Employee stock option (right to buy) Award +9,743 9,743 30 Sep 2023 Common stock 9,743 $83.23 Direct F1, F9
transaction VLTO Veralto Excess Contribution Program - Veralto Stock Fund Award +1,191 1,190 30 Sep 2023 Common stock 1,191 $0.000000 Direct F1, F10, F11, F12
* 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) 3,069 RSUs vesting in five equal annual installments beginning on February 24, 2020, (ii) 2,395 RSUs vesting in five equal annual installments beginning on February 24, 2021, (iii) 1,991 RSUs vesting in five equal annual installments beginning on May 15, 2021, (iv) 2,545 RSUs vesting in five equal annual installments beginning on February 24, 2022, (v) 6,361 RSUs vesting in five equal annual installments beginning on February 24, 2022, (vi) 2,207 RSUs vesting in four equal annual installments beginning on February 24, 2023, and (vii) 3,607 RSUs vesting in four equal annual installments beginning on February 24, 2024.
F3 Represent stock options that are fully vested.
F4 Represents stock options that vest in five equal annual installments beginning on February 24, 2020, subject to continued employment.
F5 Represents stock options that vest in five equal annual installments beginning on February 24, 2021, subject to continued employment.
F6 Represents stock options that vest in five equal annual installments beginning on May 15, 2021, subject to continued employment.
F7 Represents stock options that vest in five equal annual installments beginning on February 24, 2022, subject to continued employment.
F8 Represents stock options that vest in four equal annual installments beginning on February 24, 2023, subject to continued employment.
F9 Represents stock options that vest in four equal annual installments beginning on February 24, 2024, subject to continued employment.
F10 Represents phantom shares in Veralto's stock fund (the "ECP Stock Fund") under the Veralto Corporation Excess Contribution Program (the "ECP"). Upon termination of employment, the vested portion of the ECP Stock Fund is settled in Veralto common stock.
F11 The notional shares convert on a one-for-one basis.
F12 The vesting terms and manner and form of distribution of amounts contributed or deferred under the ECP are based upon the provisions of the plan, which provisions are summarized in the Registration Statement on Form 10 filed by Veralto with the Securities and Exchange Commission.