Peter C. Underwood - 24 Feb 2025 Form 4 Insider Report for Fortive Corp (FTV)

Signature
Daniel B. Kim, as attorney-in-fact
Issuer symbol
FTV
Transactions as of
24 Feb 2025
Net transactions value
-$167,569
Form type
4
Filing time
26 Feb 2025, 19:10:02 UTC
Previous filing
24 Feb 2025
Next filing
28 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Tax liability $167,569 -2,092 -4.4% $80.10 45,387 24 Feb 2025 Direct F1
transaction FTV Common Stock Award +669 +1.5% 46,056 24 Feb 2025 Direct F2, F3
transaction FTV Common Stock Award +12,539 +27% 58,595 24 Feb 2025 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
F2 On February 26, 2024, the Compensation Committee (the "Committee") awarded the Reporting Person RSUs with the opportunity to earn additional RSUs ("Additional RSUs") upon achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 24, 2025 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions.
F3 RSUs are payable in shares of common stock on a one-to-one basis.
F4 On February 28, 2022, the Committee awarded the Reporting Person Performance Stock Units ("PSUs") subject to achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 24, 2025 that the performance criteria of the PSUs have been achieved. The shares remain subject to a one-year holding period requirement.
F5 PSUs are payable in shares of common stock on a one-to-one basis.