Charles E. McLaughlin - 28 Feb 2022 Form 4 Insider Report for Fortive Corp (FTV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2022, 18:31:35 UTC
Prior SEC filing
28 Feb 2022
Next SEC filing
28 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Daniel B. Kim, as attorney-in-fact

Key filing fact

Charles E. McLaughlin filed Form 4 for Fortive Corp (FTV) on 02 Mar 2022.

Key facts

  • This page summarizes Charles E. McLaughlin's Form 4 filing for Fortive Corp (FTV).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 02 Mar 2022, 18:31.

Change

  • Previous filing in this sequence was filed on 28 Feb 2022.
  • Current net transaction value: +$2,799,142.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FTV transaction

Common Stock

Award

Transaction value
Shares
+14,270
Change %
+21%
Price
Shares after
82,820
Date
28 Feb 2022
Ownership
Direct
Footnotes
F1, F2
FTV transaction

Common Stock

Award

Transaction value
Shares
+8,303
Change %
+10%
Price
Shares after
91,123
Date
28 Feb 2022
Ownership
Direct
Footnotes
F2, F3
FTV transaction

Common Stock

Award

Transaction value
Shares
+2,574
Change %
+2.8%
Price
Shares after
93,697
Date
28 Feb 2022
Ownership
Direct
Footnotes
F2, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FTV transaction Derivative

Common Stock

Award

Transaction value
$2,799,142
Shares
+43,230
Change %
Price
$64.75
Shares after
43,230
Date
28 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
43,230
Exercise price
$64.75
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

On February 28, 2022, the Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"). This transactions is being reported to identify the portion of the RSUs that are subject only to time-based vesting provisions. Pursuant to the terms of the award, additional RSUs may be issued upon determination by the Committee that the corresponding performance criteria have been achieved.

Footnote F2

Restricted stock units are payable in shares of common stock on a one-to-one basis.

Footnote F3

On February 24, 2021, the Committee awarded the Reporting Person RSUs with the opportunity to earn additional RSUs ("Additional RSUs") upon achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 28, 2022 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions.

Footnote F4

On February 25, 2019, the Committee awarded the Reporting Person Performance Stock Units ("PSUs") subject to achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 28, 2022 that the performance criteria of the PSUs have been achieved. The shares remain subject to a two-year holding period requirement.

Footnote F5

One half of the options granted vest on each of the third and fourth anniversary of the grant date.

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