Charles E. McLaughlin - Feb 28, 2025 Form 4 Insider Report for Fortive Corp (FTV)

Role
SVP - Chief Financial Officer
Signature
Daniel B. Kim, as attorney-in-fact
Stock symbol
FTV
Transactions as of
Feb 28, 2025
Transactions value $
-$2,150,031
Form type
4
Date filed
3/4/2025, 05:19 PM
Previous filing
Feb 28, 2025
Next filing
Mar 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTV Common Stock Options Exercise $590K +16.5K +17.95% $35.84 108K Feb 28, 2025 Direct
transaction FTV Common Stock Sale -$2.53M -32.1K -29.65% $78.86 76.1K Feb 28, 2025 Direct F1
transaction FTV Common Stock Tax liability -$210K -2.64K -3.47% $79.54 73.5K Feb 28, 2025 Direct 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 FTV Employee Stock Option (Right to Buy) Options Exercise $0 -16.5K -100% $0.00 0 Feb 28, 2025 Common Stock 16.5K $35.84 Direct F3
* 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 $78.820 to $78.930. 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 This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
F3 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 2015 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 13,691 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.