Quick Takeaways
- 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: 05 Jul 2023, 17:12.
Charles E. McLaughlin - 30 Jun 2023 Form 4 Insider Report for Fortive Corp (FTV)
- Signature
- Daniel B. Kim, as attorney-in-fact
- Issuer symbol
- FTV
- Transactions as of
- 30 Jun 2023
- Net transactions value
- +$1,809
- Form type
- 4
- Filing time
- 05 Jul 2023, 17:12:47 UTC
- Previous filing
- 04 Apr 2023
- Next filing
- 31 Jul 2023
- SEC
- View on sec.gov
Quoteable Key Fact
"Charles E. McLaughlin filed Form 4 for Fortive Corp (FTV) on 05 Jul 2023."
What Changed
- Previous filing in this sequence was filed on 04 Apr 2023.
- Current net transaction value: +$1,809.
Why This Matters
- 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.
Source 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
- $1,809
- Shares
- +24
- Change %
- +0.09%
- Price
- $74.77
- Shares after
- 25,876
- Date
- 30 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 24
- Exercise price
- Footnotes
- F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
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. |