Alan G. Spoon - Jul 30, 2021 Form 4 Insider Report for DANAHER CORP /DE/ (DHR)

Role
Director
Signature
James F. O'Reilly, attorney-in-fact for Alan G. Spoon
Stock symbol
DHR
Transactions as of
Jul 30, 2021
Transactions value $
$41,290
Form type
4
Date filed
8/2/2021, 05:07 PM
Previous filing
Jul 1, 2021
Next filing
Nov 1, 2021

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 $41.3K +139 +0.58% $297.49 24.1K Jul 30, 2021 Common Stock 139 $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 he is entitled to receive each quarter. Amounts deferred under the plan 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 fees 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. The phantom shares reported reflect contributions to the reporting person's account under the Plan as well as dividend equivalents accrued to the reporting person's account.
F2 Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis.
F3 The reporting person is fully vested in all amounts deferred under the Plan.