Christopher M. Mulhall - 04 Mar 2024 Form 4 Insider Report for Fortive Corp (FTV)

Role
VP - Chief Accounting Officer
Signature
Daniel B. Kim, as attorney-in-fact
Issuer symbol
FTV
Transactions as of
04 Mar 2024
Transactions value $
$0
Form type
4
Filing time
06 Mar 2024, 18:49:23 UTC
Previous filing
29 Feb 2024
Next filing
14 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Award +5,350 +27.58% 24,747 04 Mar 2024 Direct F1, F2
transaction FTV Common Stock Award +1,783 +31.52% 7,440 04 Mar 2024 By Spouse F2, F3
holding FTV Common Stock 531 04 Mar 2024 By 401 (k) F4
holding FTV Common Stock 861 04 Mar 2024 By Spouse's 401 (k) F4

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 +16,210 $0 16,210 04 Mar 2024 Director Stock Option (Right to Buy) 16,210 $84.79 Direct F5
transaction FTV Employee Stock Option (Right to Buy) Award $0 +5,410 $0 5,410 04 Mar 2024 Common Stock 5,410 $84.79 By Spouse F5
* 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 The Committee awarded the spouse of the Reporting Person 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.
F4 Based on plan statement dated as of February 29, 2024.
F5 Options vests ratably on an annual basis over a four-year period from the date of grant.