Tamara S. Newcombe - Jan 1, 2022 Form 3 Insider Report for Fortive Corp (FTV)

Role
President & CEO of PT
Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
3
Date filed
1/7/2022, 03:26 PM
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FTV Common Stock 49.8K Jan 1, 2022 Direct F1

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
holding FTV Employee Stock Option (Right to Buy) Jan 1, 2022 Common Stock 19.8K $78.03 Direct F2
holding FTV Employee Stock Option (Right to Buy) Jan 1, 2022 Common Stock 22.4K $67.64 Direct F3
holding FTV Employee Stock Option (Right to Buy) Jan 1, 2022 Common Stock 18.9K $63.85 Direct F4
holding FTV Employee Stock Option (Right to Buy) Jan 1, 2022 Common Stock 10.7K $67.65 Direct F4
holding FTV Employee Stock Option (Right to Buy) Jan 1, 2022 Common Stock 14.1K $67.85 Direct F4
holding FTV Employee Stock Option (Right to Buy) Jan 1, 2022 Common Stock 14.7K $63.76 Direct F4
holding FTV Employee Stock Option (Right to Buy) Jan 1, 2022 Common Stock 60.6K $47.61 Direct F4
holding FTV Executive Deferred Incentive Program - Fortive Stock Fund Jan 1, 2022 Common Stock 2.96K Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 36,021 Restricted Stock Units ("RSUs") held by the Reporting Person, with the RSUs subject to time-based vesting provisions and payable in shares of common stock on a one-to-one basis.
F2 One half of the options granted vest on each of the third and fourth anniversary of the grant date.
F3 Options vests ratably on an annual basis over a four-year period from the date of grant.
F4 Options vests ratably on an annual basis over a five-year period from the date of grant.
F5 The reported securities are phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP")
F6 The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.
F7 The notional shares convert on a one-to-one basis.