Olumide Soroye - Feb 26, 2024 Form 4 Insider Report for Fortive Corp (FTV)

Role
President & CEO of IOS
Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Feb 26, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 06:15 PM
Previous filing
Jan 5, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Award +4.6K +5.46% 88.8K Feb 26, 2024 Direct F1, F2
transaction FTV Common Stock Award +14.2K +15.99% 103K Feb 26, 2024 Direct F3, F4
* 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 RSUs with the opportunity to earn additional RSUs ("Additional RSUs") upon achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 26, 2024 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions.
F2 RSUs are payable in shares of common stock on a one-to-one basis.
F3 On February 24, 2021, 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 26, 2024 that the performance criteria of the PSUs have been achieved. The shares remain subject to a one-year holding period requirement.
F4 PSUs are payable in shares of common stock on a one-to-one basis.