Form 4 for FTV Fortive
Accepted 2022-01-26 00:00:00 ET · period of report 2022-01-24 · accession 0001659166-22-000006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-01-26 | 2022-01-24 | FTV | Lassiter Wright III | Dir | A - Grant | $41.17 | +1,400 | 1,400 | New | +$57.6K |
| D | 2022-01-26 | 2022-01-24 | FTV | Lassiter Wright III | Dir | A - Grant | $71.96 | +1,860 | 1,860 | New | +$133.8K |
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 | 2022-01-24 | A | A | 615 | $0.00 | 615 | D | — | — | (F1) On January 24, 2022, the Issuer granted to the Reporting Person restricted stock units ("Annual Grant RSUs") of the Issuer in the amount indicated as prorated portion of the annual equity grant made to the Reporting Person. Since the Annual Grant RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The Annual Grant RSUs vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2022 annual meeting of the stockholders, but the underlying shares will not be issued until the earlier of the Reporting Person's death or the first day of the seventh month following the Reporting Person's retirement from the Board of Directors of the Issuer. (F2) RSUs are payable in shares of common stock on a one-to-one basis. |
| 2 | Common | Common Stock | 2022-01-24 | A | A | 785 | $73.43 | 1,400 | D | — | — | (F3) On January 24, 2022, the Issuer granted to the Reporting Person restricted stock units ("Deferral RSUs") of the Issuer in the amount indicated, based on a 20-day average price of $73.43, pursuant to deferral election made by the Reporting Person of $57,500 in prorated annual retainer that would otherwise have been paid in cash. Since the Deferral RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The Deferral RSUs vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2022 annual meeting of the stockholders, but the underlying shares will not be issued until the earlier of the Reporting Person's death or the first day of the seventh month following the Reporting Person's retirement from the Board of Directors of the Issuer. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2022-01-24 | A | A | 1,860 | $71.96 | 1,860 | D | $71.96 · 2022-01-24 to 2032-01-24 | 1,860 Common Stock |