Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FTV | Common Stock | Award | +6.99K | +14.47% | 55.3K | Feb 27, 2023 | Direct | F1, F2 | ||
transaction | FTV | Common Stock | Award | +978 | +1.77% | 56.2K | Feb 27, 2023 | Direct | F3, F4 |
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 | +21.2K | $0.00 | 21.2K | Feb 27, 2023 | Common Stock | 21.2K | $66.62 | Direct | F5 |
Id | Content |
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F1 | On February 27, 2023, the Compensation Committee (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 | RSUs are payable in shares of common stock on a one-to-one basis. |
F3 | On February 20, 2020, the Committee awarded the Reporting Person Performance Stock Units ("PSUs") subject to achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 27, 2023 that the performance criteria of the PSUs have been achieved. The shares remain subject to a two-year holding period requirement. |
F4 | PSUs are payable in shares of common stock on a one-to-one basis. |
F5 | One half of the options granted vest on each of the third and fourth anniversary of the grant date. |