Charles E. McLaughlin - 24 Mar 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
28 Mar 2022, 19:19:43 UTC
Prior SEC filing
02 Mar 2022
Next SEC filing
27 Jun 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 28 Mar 2022.

Key facts

  • This page summarizes Charles E. McLaughlin's Form 4 filing for Fortive Corp (FTV).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 28 Mar 2022, 19:19.

Change

  • Previous filing in this sequence was filed on 02 Mar 2022.
  • Current net transaction value: +$131,974.

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 derivative securities

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

FTV transaction Derivative

Executive Deferred Incentive Program - Fortive Stock Fund

Award

Transaction value
$130,500
Shares
+2,128
Change %
+10%
Price
$61.32
Shares after
23,188
Date
24 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,128
Exercise price
Footnotes
F1, F2, F3
FTV transaction Derivative

Executive Deferred Incentive Program - Fortive Stock Fund

Award

Transaction value
$1,474
Shares
+24
Change %
+0.1%
Price
$61.55
Shares after
23,212
Date
25 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
24
Exercise price
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Compensation deferred or contributed into the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund (or the closing price for the immediately preceding business day, if such date is not a business day), which closing price is shown in Table II, Column 8.

Footnote F2

The notional shares convert on a one-to-one basis.

Footnote F3

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.

Footnote F4

The reported securities are notional dividend accruals on phantom shares in the EDIP Stock Fund under the EDIP. The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.

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