Edward Read Simmons - Feb 27, 2023 Form 4 Insider Report for Fortive Corp (FTV)

Role
SVP - Strategy
Signature
Daniel B. Kim, attorney-in-fact
Stock symbol
FTV
Transactions as of
Feb 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 03:59 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 +6.62K +22.8% 35.6K Feb 27, 2023 Direct F1, F2

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 +20.1K $0.00 20.1K Feb 27, 2023 Common Stock 20.1K $66.62 Direct F3
* 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"). 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 One half of the options granted vest on each of the third and fourth anniversary of the grant date.