James A. Lico - Mar 4, 2024 Form 4 Insider Report for Fortive Corp (FTV)

Role
President and CEO, Director
Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Mar 4, 2024
Transactions value $
$0
Form type
4
Date filed
3/6/2024, 06:50 PM
Previous filing
Mar 1, 2024
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Award +38.6K +8.92% 471K Mar 4, 2024 Direct F1, F2
holding FTV Common Stock 131K Mar 4, 2024 By Grantor Retained Annuity Trust
holding FTV Common Stock 19.8K Mar 4, 2024 By 401(k) F3

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 +117K $0.00 117K Mar 4, 2024 Common Stock 117K $84.79 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Compensation Committee (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs") effective March 4, 2024. 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 Based on plan statement dated as of February 29, 2024.
F4 One half of the options granted vest on each of the third and fourth anniversary of the grant date.