Form 4 for VLTO Veralto
Accepted 2023-10-03 00:00:00 ET · period of report 2023-09-30 · accession 0001209191-23-051704 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-10-03 | 2023-09-30 | VLTO | Trivedi Surekha | SVP, Strategy, Sustainability | A - Grant | — | +13.0K | 13.0K | New | — |
| DM | 2023-10-03 | 2023-09-30 | VLTO | Trivedi Surekha | SVP, Strategy, Sustainability | A - Grant | — | +102.0K | 7,902 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-09-30 | A | A | 12,976 | — | 12,976 | D | — | — | (F2) Represents restricted stock units ("RSUs") issued by Danaher and converted into RSUs of Veralto, which remain unvested as of the Spin-off, including (i) 3,069 RSUs vesting in five equal annual installments beginning on February 24, 2020, (ii) 2,395 RSUs vesting in five equal annual installments beginning on February 24, 2021, (iii) 1,991 RSUs vesting in five equal annual installments beginning on May 15, 2021, (iv) 2,545 RSUs vesting in five equal annual installments beginning on February 24, 2022, (v) 6,361 RSUs vesting in five equal annual installments beginning on February 24, 2022, (vi) 2,207 RSUs vesting in four equal annual installments beginning on February 24, 2023, and (vii) 3,607 RSUs vesting in four equal annual installments beginning on February 24, 2024. (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). |
| 2 | Derivative | Veralto Excess Contribution Program - Veralto Stock Fund | 2023-09-30 | A | A | 1,191 | — | 1,190 | D | $0.00 · — to — | 1,191 Common stock | (F10) Represents phantom shares in Veralto's stock fund (the "ECP Stock Fund") under the Veralto Corporation Excess Contribution Program (the "ECP"). Upon termination of employment, the vested portion of the ECP Stock Fund is settled in Veralto common stock. (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F11) The notional shares convert on a one-for-one basis. (F12) The vesting terms and manner and form of distribution of amounts contributed or deferred under the ECP are based upon the provisions of the plan, which provisions are summarized in the Registration Statement on Form 10 filed by Veralto with the Securities and Exchange Commission. |
| 3 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 26,520 | — | 26,520 | D | $47.78 · — to 2029-11-15 | 26,520 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F3) Represent stock options that are fully vested. |
| 4 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 6,300 | — | 6,300 | D | $90.73 · — to 2032-02-24 | 6,300 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F8) Represents stock options that vest in four equal annual installments beginning on February 24, 2023, subject to continued employment. |
| 5 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 7,399 | — | 7,399 | D | $33.19 · — to 2028-02-24 | 7,399 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F3) Represent stock options that are fully vested. |
| 6 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 9,907 | — | 9,907 | D | $37.92 · — to 2029-02-24 | 9,907 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F4) Represents stock options that vest in five equal annual installments beginning on February 24, 2020, subject to continued employment. |
| 7 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 9,743 | — | 9,743 | D | $83.23 · — to 2033-02-24 | 9,743 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F9) Represents stock options that vest in four equal annual installments beginning on February 24, 2024, subject to continued employment. |
| 8 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 7,722 | — | 7,722 | D | $52.40 · — to 2030-02-24 | 7,722 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F5) Represents stock options that vest in five equal annual installments beginning on February 24, 2021, subject to continued employment. |
| 9 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 5,537 | — | 5,537 | D | $54.74 · — to 2030-05-15 | 5,537 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F6) Represents stock options that vest in five equal annual installments beginning on May 15, 2021, subject to continued employment. |
| 10 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 19,755 | — | 19,755 | D | $74.51 · — to 2031-02-24 | 19,755 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F7) Represents stock options that vest in five equal annual installments beginning on February 24, 2022, subject to continued employment. |
| 11 | Derivative | Employee stock option (right to buy) | 2023-09-30 | A | A | 7,902 | — | 7,902 | D | $74.51 · — to 2031-02-24 | 7,902 Common stock | (F1) Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off"). (F7) Represents stock options that vest in five equal annual installments beginning on February 24, 2022, subject to continued employment. |