Patrick K. Murphy - 28 Jul 2023 Form 4 Insider Report for Fortive Corp (FTV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
31 Jul 2023, 17:49:48 UTC
Prior SEC filing
05 Jul 2023
Next SEC filing
03 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Daniel B. Kim, as attorney-in-fact

Key filing fact

Patrick K. Murphy filed Form 4 for Fortive Corp (FTV) on 31 Jul 2023.

Key facts

  • This page summarizes Patrick K. Murphy's Form 4 filing for Fortive Corp (FTV).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 31 Jul 2023, 17:49.

Change

  • Previous filing in this sequence was filed on 05 Jul 2023.
  • Current net transaction value: -$896,128.

Research use

  • 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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FTV transaction

Common Stock

Options Exercise

Transaction value
$771,036
Shares
+21,793
Change %
+36%
Price
$35.38
Shares after
82,509
Date
28 Jul 2023
Ownership
Direct
FTV transaction

Common Stock

Sale

Transaction value
$1,667,164
Shares
-21,793
Change %
-26%
Price
$76.50
Shares after
60,716
Date
28 Jul 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FTV transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-21,793
Change %
-33%
Price
$0.000000
Shares after
43,586
Date
28 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,793
Exercise price
$35.38
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.47 to $76.58. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

Footnote F2

Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-fifth of the stock options issued by Danaher on February 24, 2016 ("2016 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversaries of the grant date. In connection with the Separation, the 2016 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 54,357 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020.

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