Stacey A. Walker - Nov 1, 2024 Form 4 Insider Report for Fortive Corp (FTV)

Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Nov 1, 2024
Transactions value $
-$2,350,775
Form type
4
Date filed
11/5/2024, 06:21 PM
Previous filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Options Exercise $46.7K +1.3K +3.06% $35.84 44K Nov 1, 2024 Direct
transaction FTV Common Stock Options Exercise $771K +21.8K +49.59% $35.38 65.7K Nov 1, 2024 Direct
transaction FTV Common Stock Options Exercise $1.53M +32.2K +49.03% $47.61 98K Nov 1, 2024 Direct
transaction FTV Common Stock Options Exercise $1.95M +30.6K +31.22% $63.76 129K Nov 1, 2024 Direct
transaction FTV Common Stock Options Exercise $2.2M +32.4K +25.17% $67.85 161K Nov 1, 2024 Direct
transaction FTV Common Stock Options Exercise $2.52M +39.4K +24.5% $63.85 200K Nov 1, 2024 Direct
transaction FTV Common Stock Options Exercise $953K +14.1K +7.03% $67.64 214K Nov 1, 2024 Direct
transaction FTV Common Stock Sale -$12.3M -172K -80.11% $71.71 42.7K Nov 1, 2024 Direct F1

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) Options Exercise $0 -1.3K -100% $0.00 0 Nov 1, 2024 Common Stock 1.3K $35.84 Direct F2
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -21.8K -100% $0.00 0 Nov 1, 2024 Common Stock 21.8K $35.38 Direct F3
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -32.2K -100% $0.00 0 Nov 1, 2024 Common Stock 32.2K $47.61 Direct F4
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -30.6K -100% $0.00 0 Nov 1, 2024 Common Stock 30.6K $63.76 Direct F4
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -32.4K -100% $0.00 0 Nov 1, 2024 Common Stock 32.4K $67.85 Direct F4
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -39.4K -66.66% $0.00 19.7K Nov 1, 2024 Common Stock 39.4K $63.85 Direct F4
transaction FTV Employee Stock Option (Right to Buy) Options Exercise $0 -14.1K -50% $0.00 14.1K Nov 1, 2024 Common Stock 14.1K $67.64 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 $71.67 to $71.89. 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.
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 July 15, 2015 ("2015 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 1,083 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.
F3 Prior to 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 18,120 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.
F4 One third of the options granted vest on each of the third, fourth, and fifth anniversary of the grant date. 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.
F5 One half of the options granted vest on each of the third and fourth anniversary of the grant date.