Key facts
- This page summarizes Charles E. McLaughlin's Form 4 filing for Fortive Corp (FTV).
- 1 reported transaction and 1 derivative row are listed below.
- Filing timestamp: 04 Jan 2023, 18:13.
Charles E. McLaughlin - 30 Dec 2022 Form 4 Insider Report for Fortive Corp (FTV)
- Signature
- Daniel B. Kim, as attorney-in-fact
- Issuer symbol
- FTV
- Transactions as of
- 30 Dec 2022
- Net transaction value
- +$1,629
- Form type
- 4
- Filing time
- 04 Jan 2023, 18:13:01 UTC
- Previous filing
- 14 Nov 2022
- Next filing
- 21 Feb 2023
- SEC filing
- View on sec.gov
Reporting owner
Issuer context
Transaction snapshot
SEC evidence
Key filing fact
Charles E. McLaughlin filed Form 4 for Fortive Corp (FTV) on 04 Jan 2023.
Change
- Previous filing in this sequence was filed on 14 Nov 2022.
- Current net transaction value: +$1,629.
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
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
FTV
transaction
Derivative
Executive Deferred Incentive Program - Fortive Stock Fund
Award
- Transaction value
- $1,629
- Shares
- +25
- Change %
- +0.11%
- Price
- $64.25
- Shares after
- 23,294
- Date
- 30 Dec 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 25
- Exercise price
- Footnotes
- F1, F2, F3
* indicates a reported price that failed the local validity check.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (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. |
| F2 | The notional shares convert on a one-to-one basis. |
| 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. |