Christopher M. Mulhall - 28 Feb 2022 Form 4 Insider Report for Fortive Corp (FTV)

Signature
Daniel B. Kim, as attorney-in-fact
Issuer symbol
FTV
Transactions as of
28 Feb 2022
Net transactions value
+$1,248,160
Form type
4
Filing time
02 Mar 2022, 18:35:13 UTC
Previous filing
28 Feb 2022
Next filing
28 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Award +5,330 +43% 17,812 28 Feb 2022 Direct F1, F2
transaction FTV Common Stock Award +1,142 +72% 2,719 28 Feb 2022 By Spouse F2, F3
transaction FTV Common Stock Sale $13,337 -207 -1.2% $64.43 17,605 28 Feb 2022 Direct F4
transaction FTV Common Stock Sale $7,603 -118 -4.3% $64.43 2,601 28 Feb 2022 By Spouse F4
holding FTV Common Stock 529 28 Feb 2022 By 401 (k) F5
holding FTV Common Stock 858 28 Feb 2022 By Spouse's 401 (k) F5

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 FTV Common Stock Award $1,045,065 +16,140 $64.75 16,140 28 Feb 2022 Common Stock 16,140 $64.75 Direct F6
transaction FTV Common Stock Award $224,035 +3,460 $64.75 3,460 28 Feb 2022 Common Stock 3,460 $64.75 By Spouse F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 28, 2022, the Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"). The RSUs are subject only to time-based vesting provisions.
F2 Restricted stock units are payable in shares of common stock on a one-to-one basis.
F3 On February 28, 2022, the Committee awarded to the spouse of the Reporting Person RSUs that are subject only to time-based vesting conditions.
F4 The transaction was effectuated pursuant to a Rule 10b5-1 trading plan.
F5 Based on plan statement dated as of February 28, 2022.
F6 Options vest ratably on an annual basis over a four year period from the date of the grant.