STEVEN M. RALES - 17 Apr 2023 Form 4 Insider Report for DANAHER CORP /DE/ (DHR)

Role
Chairman, Director
Signature
/s/ Steven M. Rales
Issuer symbol
DHR
Transactions as of
17 Apr 2023
Transactions value $
$24,999,594
Form type
4
Filing time
17 Apr 2023, 19:10:54 UTC
Previous filing
06 Feb 2023
Next filing
14 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHR Common Stock, par value $.01 Conversion of derivative security $25M +125K +2.97% $199.30 4.36M 17 Apr 2023 Direct F1
holding DHR Common Stock, par value $.01 19.7K 17 Apr 2023 By 401(k) Plan
holding DHR Common Stock, par value $.01 31M 17 Apr 2023 Through single-member LLCs F2

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 DHR Series B Mandatory Convertible Preferred Stock Conversion of derivative security $0 -25K -100% $0.00* 0 17 Apr 2023 Common Stock 125K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to its terms, the Series B Mandatory Preferred Stock converted automatically into shares of the Issuer's common stock on April 17, 2023. Each share of the Series B Mandatory Convertible Preferred Stock converted into 5.0175 shares of the Issuer's common stock. Holders of the Series B Mandatory Preferred Stock received cash in lieu of any fractional shares.
F2 The reported shares are held through single-member LLCs of which a revocable trust controlled by Steven M. Rales is the sole member.