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

Role
VP - Chief Accounting Officer
Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Feb 27, 2023
Transactions value $
-$27,331
Form type
4
Date filed
3/1/2023, 03:56 PM
Previous filing
Feb 27, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Award +5.89K +35.08% 22.7K Feb 27, 2023 Direct F1, F2
transaction FTV Common Stock Award +2.21K +55.26% 6.2K Feb 27, 2023 By Spouse F2, F3
transaction FTV Common Stock Tax liability -$21.7K -325 -1.43% $66.66 22.3K Feb 28, 2023 Direct F4
transaction FTV Common Stock Tax liability -$5.67K -85 -1.37% $66.66 6.11K Feb 28, 2023 By Spouse F4
holding FTV Common Stock 530 Feb 27, 2023 By 401 (k) F5
holding FTV Common Stock 860 Feb 27, 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 +17.8K $0.00 17.8K Feb 27, 2023 Common Stock 17.8K $66.62 Direct F6
transaction FTV Employee Stock Option (Right to Buy) Award $0 +2.23K $0.00 2.23K Feb 27, 2023 Common Stock 2.23K $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.