Barbara B. Hulit - 30 Nov 2021 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
01 Dec 2021, 15:13:20 UTC
Prior SEC filing
28 Sep 2021
Next SEC filing
03 Dec 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Daniel B. Kim, as attorney-in-fact

Key filing fact

Barbara B. Hulit filed Form 4 for Fortive Corp (FTV) on 01 Dec 2021.

Key facts

  • This page summarizes Barbara B. Hulit's Form 4 filing for Fortive Corp (FTV).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 01 Dec 2021, 15:13.

Change

  • Previous filing in this sequence was filed on 28 Sep 2021.
  • Current net transaction value: -$795,133.

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
$173,225
Shares
+6,999
Change %
+7.9%
Price
$24.75
Shares after
95,292
Date
30 Nov 2021
Ownership
Direct
Footnotes
F1
FTV transaction

Common Stock

Options Exercise

Transaction value
$167,778
Shares
+5,400
Change %
+5.7%
Price
$31.07
Shares after
100,692
Date
30 Nov 2021
Ownership
Direct
Footnotes
F1
FTV transaction

Common Stock

Options Exercise

Transaction value
$73,008
Shares
+2,400
Change %
+2.4%
Price
$30.42
Shares after
103,092
Date
30 Nov 2021
Ownership
Direct
Footnotes
F1
FTV transaction

Common Stock

Options Exercise

Transaction value
$70,620
Shares
+2,000
Change %
+1.9%
Price
$35.31
Shares after
105,092
Date
30 Nov 2021
Ownership
Direct
Footnotes
F1
FTV transaction

Common Stock

Sale

Transaction value
$1,279,765
Shares
-16,799
Change %
-16%
Price
$76.18
Shares after
88,293
Date
30 Nov 2021
Ownership
Direct
Footnotes
F1, F2

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
-6,999
Change %
-12%
Price
$0.000000
Shares after
49,062
Date
30 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,999
Exercise price
$24.75
Footnotes
F1, F3
FTV transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-5,400
Change %
-12%
Price
$0.000000
Shares after
39,814
Date
30 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,400
Exercise price
$31.07
Footnotes
F1, F4
FTV transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-2,400
Change %
-11%
Price
$0.000000
Shares after
18,505
Date
30 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,400
Exercise price
$30.42
Footnotes
F1, F5
FTV transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-2,000
Change %
-4.2%
Price
$0.000000
Shares after
46,098
Date
30 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,000
Exercise price
$35.31
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The transaction was effectuated pursuant to a Rule 10b5-1 trading plan.

Footnote F2

The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.000 to $76.395. 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 F3

Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), the stock options issued by Danaher on February 21, 2013 ("2013 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the 2013 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 46,609 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.

Footnote F4

Prior to the Separation, the stock options issued by Danaher on February 24, 2014 ("February 2014 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the February 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 37,591 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.

Footnote F5

Prior to the Separation, the stock options issued by Danaher on May 15, 2014 ("May 2014 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the May 2014 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 17,381 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.

Footnote F6

Prior to the Separation, the stock options issued by Danaher on February 24, 2015 ("2015 Danaher Options") to the Reporting Person became exercisable ratably on third, fourth and fifth anniversary of the grant date. In connection with the Separation, the 2015 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 39,989 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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