Olumide Soroye - Feb 28, 2022 Form 4 Insider Report for Fortive Corp (FTV)

Role
President & CEO of IOS
Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Feb 28, 2022
Transactions value $
$3,358,583
Form type
4
Date filed
3/2/2022, 06:35 PM
Previous filing
Sep 28, 2021
Next filing
Mar 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Award +17.1K +35.18% 65.8K Feb 28, 2022 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 FTV Common Stock Award $3.36M +51.9K $64.75 51.9K Feb 28, 2022 Common Stock 51.9K $64.75 Direct F3
* 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"). 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.
F2 Restricted stock units are payable in shares of common stock on a one-to-one basis.
F3 One half of the options granted vest on each of the third and fourth anniversary of the grant date.