Form 4 for FTV Fortive
Accepted 2022-03-02 00:00:00 ET · period of report 2022-02-28 · accession 0001659166-22-000069 · 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 | 2022-03-02 | 2022-02-28 | FTV | LICO JAMES A | Pres, CEO, Dir | A - Grant | — | +81.9K | 430.9K | +23% | — |
| D | 2022-03-02 | 2022-02-28 | FTV | LICO JAMES A | Pres, CEO, Dir | A - Grant | $64.75 | +138.3K | 138.3K | New | +$8.96M |
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 | 2022-02-28 | A | A | 9,711 | — | 467,186 | D | — | — | (F4) On February 25, 2019, 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 28, 2022 that the performance criteria of the PSUs have been achieved. The shares remain subject to a two-year holding period requirement. (F2) Restricted stock units are payable in shares of common stock on a one-to-one basis. |
| 2 | Common | Common Stock | 2022-02-28 | A | A | 26,565 | — | 457,475 | D | — | — | (F3) On February 24, 2021, 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 28, 2022 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions. (F2) Restricted stock units are payable in shares of common stock on a one-to-one basis. |
| 3 | Common | Common Stock | 2022-02-28 | A | A | 45,660 | — | 430,910 | D | — | — | (F1) On February 28, 2022, the Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"). 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) Restricted stock units are payable in shares of common stock on a one-to-one basis. |
| 4 | Derivative | Common Stock | 2022-02-28 | A | A | 138,320 | $64.75 | 138,320 | D | $64.75 · — to 2032-02-28 | 138,320 Common Stock | (F6) One half of the options granted vest on each of the third and fourth anniversary of the grant date. |