Christopher M. Mulhall - 27 Feb 2023 Form 4 Insider Report for Fortive Corp (FTV)

Role
VP - Chief Accounting Officer
Signature
Daniel B. Kim, as attorney-in-fact
Issuer symbol
FTV
Transactions as of
27 Feb 2023
Net transactions value
-$27,331
Form type
4
Filing time
01 Mar 2023, 15:56:09 UTC
Previous filing
27 Feb 2023
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Award +5,885 +35% 22,663 27 Feb 2023 Direct F1, F2
transaction FTV Common Stock Award +2,206 +55% 6,198 27 Feb 2023 By Spouse F2, F3
transaction FTV Common Stock Tax liability $21,664 -325 -1.4% $66.66 22,338 28 Feb 2023 Direct F4
transaction FTV Common Stock Tax liability $5,666 -85 -1.4% $66.66 6,113 28 Feb 2023 By Spouse F4
holding FTV Common Stock 530 27 Feb 2023 By 401 (k) F5
holding FTV Common Stock 860 27 Feb 2023 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 Employee Stock Option (Right to Buy) Award $0 +17,820 $0.000000 17,820 27 Feb 2023 Common Stock 17,820 $66.62 Direct F6
transaction FTV Employee Stock Option (Right to Buy) Award $0 +2,230 $0.000000 2,230 27 Feb 2023 Common Stock 2,230 $66.62 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 27, 2023, the Compensation Committee (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"). The RSUs are subject only to time-based vesting provisions.
F2 RSUs are payable in shares of common stock on a one-to-one basis.
F3 On February 27, 2023, the Committee awarded to the spouse of the Reporting Person RSUs. The RSUs are subject only to time-based vesting provisions.
F4 This transaction relates to the withholding of shares for tax purposes in connection with the vesting and distribution of RSUs.
F5 Based on plan statement dated as of February 28, 2023.
F6 Options vests ratably on an annual basis over a four-year period from the date of grant.