James A. Lico - Aug 13, 2024 Form 4 Insider Report for Fortive Corp (FTV)

Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Aug 13, 2024
Transactions value $
$0
Form type
4
Date filed
8/14/2024, 07:13 PM
Previous filing
Jul 1, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Gift $0 -44.6K -100% $0.00* 0 Aug 13, 2024 By Grantor Retained Annuity Trust F1
holding FTV Common Stock 569K Aug 13, 2024 Direct
holding FTV Common Stock 19.9K Aug 13, 2024 By 401(k) F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In 2022, the reporting person contributed 198,435 shares of the Issuer's common stock directly held by him to a grantor retained annuity trust (the "GRAT") for the benefit of certain members of his family (the "Beneficiaries"). In connection with the termination of the GRAT in 2024, 44,583 share of the Issuer's common stock were transferred from the GRAT to the Beneficiaries on August 13, 2024. The remaining 153,852 were previously distributed to the reporting person and is reported as directly owned by the reporting person.
F2 Based on plan statement dated as of July 31, 2024.